<SEC-DOCUMENT>0001001807-15-000010.txt : 20150402
<SEC-HEADER>0001001807-15-000010.hdr.sgml : 20150402
<ACCEPTANCE-DATETIME>20150402091446
ACCESSION NUMBER:		0001001807-15-000010
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20150402
FILED AS OF DATE:		20150402
DATE AS OF CHANGE:		20150402

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:		15745587

	BUSINESS ADDRESS:	
		STREET 1:		JL. JAPATI 1
		CITY:			BANDUNG
		STATE:			K8
		ZIP:			40133
		BUSINESS PHONE:		62-224527101

	MAIL ADDRESS:	
		STREET 1:		JL. JAPATI 1
		CITY:			BANDUNG
		STATE:			K8
		ZIP:			40133
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>telkom_20f2014.htm
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>

<HTML>
<HEAD>
   <TITLE>telkom_20f2014.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader1"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:36.0pt;line-height:.7pt;">&nbsp;</font></p>

<div style="border:none;border-top:double windowtext 4.5pt;padding:1.0pt 0in 0in 0in;">

<p style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

</div>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">WASHINGTON, D.C. 20549</font></b></p>

<p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">________________</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">Form 20-F</font></b></p>

<div align=center>

<table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=top width=95% style="padding:0in 0in 0in 0in;">
  <p style="margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.35pt;">
  <td valign=top width=5% style="height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><b><font face="wingdings 2" style="font-size:10.0pt;">*</font></b></p>
  </td>
 <td valign=top width=95% style="height:19.35pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">REGISTRATION
  STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF
  1934</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=95% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">OR</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><b><font face="wingdings 2" style="font-size:10.0pt;">R</font></b></p>
  </td>
 <td valign=top width=95% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF 1934</font></b></p>
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">For the
  fiscal year ended December 31, 2014</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><b><font face="wingdings 2" style="font-size:10.0pt;">*</font></b></p>
  </td>
 <td valign=top width=95% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">TRANSITION
  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=95% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">OR</font></b></p>
  </td>
 </tr>
<tr style="height:4.35pt;">
  <td valign=top width=5% style="height:4.35pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><b><font face="wingdings 2" style="font-size:10.0pt;">*</font></b></p>
  </td>
 <td valign=top width=95% style="height:4.35pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:5.0pt;margin-left:.1pt;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Date of event requiring this shell company report</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Commission file number 1-14406</font></b></p>

<p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">________________</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">Perusahaan Perseroan (Persero)</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">PT Telekomunikasi Indonesia Tbk.</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Exact name of Registrant as specified in its charter)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">Telecommunications Indonesia</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(a state-owned public limited liability company)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Translation of Registrant&#8217;s name into English)</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">________________</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Republic of Indonesia</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Jurisdiction&nbsp;of incorporation or organization)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Japati No. 1, Bandung 40133, Indonesia&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Address
of principal executive offices)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Investor Relations Unit</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Grha </font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Merah Putih</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, Jl. Gatot
Subroto No. 52, 5<sup>th</sup> Floor, Jakarta 12710, Indonesia</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(62) (22) 452-7101</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(62) (21) 521-5109</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Name, Telephone, E-mail and/or Facsimile number and
Address of Company Contact Person)&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">________________</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Securities registered or to be registered pursuant to
Section 12(b) of the Act.</font></p>

<div align=center>

<table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:749.000000pt;">
 <tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=5 valign=top width=70% style="border-bottom:solid windowtext 1.0pt;padding:0in 2.35pt 0in 2.35pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:8.0pt;">Title of</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:8.0pt;">Each class</font></b></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=top width=26% style="border-bottom:solid windowtext 1.0pt;padding:0in 2.35pt 0in 2.35pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:8.0pt;">Name of each exchange</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:8.0pt;">on which registered</font></b></p>
  </td>
 </tr>
<tr>
  <td colspan=5 valign=top width=70% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">American
  Depositary Shares representing Series B Shares, par value 50 Rupiah per share</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=top width=26% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">New
  York Stock Exchange</font></p>
  </td>
 </tr>
<tr>
  <td colspan=5 valign=top width=70% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">Series
  B Shares, par value 50 Rupiah per share</font></p>
  </td>
 <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=top width=26% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">New
  York Stock Exchange*</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Securities registered or to be
  registered pursuant to Section 12(g) of the Act. </font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><b><font face="Times New Roman" style="font-size:10.0pt;">None</font></b></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Securities for which there is a
  reporting obligation pursuant to Section 15(d) of the Act. </font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><b><font face="Times New Roman" style="font-size:10.0pt;">None</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=7 valign=top width=83% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">Series A Dwiwarna Share, par value 50 Rupiah per
  share</font></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">1</font></p>
  </td>
 </tr>
<tr>
  <td colspan=7 valign=top width=83% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">Series
  B Shares, par value 50 Rupiah per share</font></p>
  </td>
 <td valign=top width=17% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">100,799,996,399</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Yes </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b><font face="Times New Roman" style="font-size:10.0pt;"> No </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Yes </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font><font face="Times New Roman" style="font-size:10.0pt;"> No </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Yes </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b><b><font face="Times New Roman" style="font-size:10.0pt;"> &nbsp;</font></b><font face="Times New Roman" style="font-size:10.0pt;">No </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Yes </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font><font face="Times New Roman" style="font-size:10.0pt;"> No </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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>
<tr>
  <td colspan=3 valign=top width=35% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Large accelerated filer </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b></p>
  </td>
 <td valign=top width=32% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Accelerated filer </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  </td>
 <td colspan=4 valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Non-accelerated filer </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Indicate by checkmark which
  basis of accounting the registrant has used to prepare the financial
  statements included in this filing:</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">U.S. GAAP </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font><font face="Times New Roman" style="font-size:10.0pt;"> International
  Financial Reporting Standards as issued by the International Accounting
  Standards Board </font><b><font face="wingdings 2" style="font-size:10.0pt;">R
  </font></b><font face="Times New Roman" style="font-size:10.0pt;">Other </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Item 17 </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font><font face="Times New Roman" style="font-size:10.0pt;"> Item 18 </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">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 align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">Yes </font><font face=wingdings style="font-size:10.0pt;">&#168;&nbsp;</font><font face="Times New Roman" style="font-size:10.0pt;"> No </font><b><font face="wingdings 2" style="font-size:10.0pt;">R&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td colspan=2 valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 valign=top width=85% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=7 valign=top width=93% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">*</font></p>
  </td>
 <td colspan=7 valign=top width=93% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">The Series B Shares were registered in connection
  with the registration of American Depositary Shares (&#8220;ADSs&#8221;). The Series B
  Shares are not listed for trading on the New York Stock Exchange.</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=8 valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr height=0>
  <td width=7%>&nbsp;</td>
 <td width=8%>&nbsp;</td>
 <td width=20%>&nbsp;</td>
 <td width=32%>&nbsp;</td>
 <td width=3%>&nbsp;</td>
 <td width=4%>&nbsp;</td>
 <td width=9%>&nbsp;</td>
 <td width=17%>&nbsp;</td>
 </tr>
</table>

</div>
<a name="_bclFooter1"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader2"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SIGNATURES</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on behalf by the undersigned, thereunto duly
authorized.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Date April 2, 2015</font></p>
  </td>
 <td width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:10.0pt;line-height:normal;">Perusahaan
  Perseroan (Persero)</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:10.0pt;line-height:normal;">PT
  </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Telekomunikasi Indonesia Tbk</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">-----------------------------------------------------</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">(Registrant)</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">By:
  /s/ Heri Sunaryadi</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">----------------------------------------------------</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">(Signature)</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Heri
  Sunaryadi</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Chief of
  Financial Officer</font></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>









<a name="_bclFooter2"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_3"></a><a name="_bclPageBorder3"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader3"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:211.5pt;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&#160;&nbsp;</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:211.5pt;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:211.5pt;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:211.5pt;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:40.0pt;line-height:115%;">2014 Annual Report On
Form 20-F</font></p>

<p align=center style="margin-bottom:10.0pt;margin-left:211.5pt;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:40.0pt;line-height:115%;">&nbsp;</font></p>





<a name="_bclFooter3"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
&nbsp; <A name="page_4"></A>

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

<a name="_bclHeader4"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#ToC20F"><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 10pt"><B><FONT style="LINE-HEIGHT: 115%; 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; <A name="ToC20F"></A>TABLE OF CONTENTS</FONT></B></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="87%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="87%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="87%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">8</FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 10pt" align=center><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PART I</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM1"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 1</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM1"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM2"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 2</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM2"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM3"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 3</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM3"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">KEY INFORMATION</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM4"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 4</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM4"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">23</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM4A"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 4A</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM4A"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">UNRESOLVED STAFF COMMENTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">54</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM5"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 5</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM5"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">54</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM6"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 6</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM6"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">74</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM7"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 7</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM7"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">84</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM8"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 8</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM8"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">FINANCIAL INFORMATION</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">87</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM9"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 9</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM9"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">89</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM10"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 10</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM10"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ADDITIONAL INFORMATION</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">91</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM11"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 11</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM11"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">99</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM12"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 12</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM12"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

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

<P style="TEXT-INDENT: -0.75in; MARGIN: 0in 0in 10pt 0.75in"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.75in; MARGIN: 0in 0in 10pt 0.75in" align=center><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PART II</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM13"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 13</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM13"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">104</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM14"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 14</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM14"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">104</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM15"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 15</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM15"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">CONTROLS AND PROCEDURES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">104</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16A"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16A</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16A"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">105</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16B"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16B</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16B"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">CODE OF ETHICS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">105</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16C"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16C</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16C"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">105</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16D"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16D</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16D"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">106</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16E"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16E</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16E"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">107</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16F"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16F</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16F"><U><FONT style="LINE-HEIGHT: normal; 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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">108</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16G"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16G</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16G"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">CORPORATE GOVERNANCE</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">108</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16H"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 16H</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM16H"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">MINE SAFETY DISCLOSURE</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">109</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -0.75in; MARGIN: 0in 0in 10pt 0.75in"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.75in; MARGIN: 0in 0in 10pt 0.75in" align=center><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PART III</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM17"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 17</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM17"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">FINANCIAL STATEMENTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">110</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM18"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 18</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM18"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">FINANCIAL STATEMENTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">110</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM19"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">ITEM 19</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ITEM19"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">EXHIBITS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">110</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#Ex121"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face=timesnewromanpsmt>Exhibit 12.1 CEO Certification pursuant to Section 302</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#Ex122"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face=timesnewromanpsmt>Exhibit 12.2 CFO Certification pursuant to Section 302</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#Ex131"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face=timesnewromanpsmt>Exhibit 13.1 CEO Certification pursuant to Section 906</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <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: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#Ex132"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face=timesnewromanpsmt>Exhibit 13.2 CFO Certification pursuant to Section 906</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="87%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
   <A href="#signature"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="Times New Roman">SIGNATURES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">115</FONT></P></TD></TR></TABLE></DIV>

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

<a name="_bclFooter4"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV></DIV>

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



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<a name="page_5"></a><a name="_bclPageBorder5"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader5"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of
Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DEFINITIONS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3G</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.5G</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">4G/LTE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">A fourth generation super fast internet network technology based on
Internet Protocol (IP) that makes the process of data transfer much faster and
stable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Adjusted
EBITDA</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ADS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">American
Depositary Share (also known as an American Depositary Receipt, or an &#8220;ADR&#8221;), a
certificate traded on a U.S. securities market (such as New York Stock
Exchange) representing a number of foreign shares. Each of our ADS represents
200 of our Series B shares.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ADSL</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">APMK</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Alat
Pembayaran Menggunakan Kartu</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ARPU</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Backbone</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Bandwidth</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
capacity of a communication link.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Bapepam-LK</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Badan
Pengawas Pasar Modal dan Lembaga Keuangan</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, or the Indonesian Capital Market and Financial Institution
Supervisory Agency, the predecessor to the OJK.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Broadband</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A
signaling method that includes or handles a relatively wide range (or band) of
frequencies.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">BSC</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">BSS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>





<a name="_bclFooter5"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font style=""><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_6"></a><a name="_bclPageBorder6"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader6"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">BTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Base
Transceiver Station, equipment that transmits and receives radio telephony
signals to and from other telecommunication systems.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">BWA</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Broadband Wireless
Access, a technology that provides high speed wireless internet access or
computer networking access over a wide area.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CDMA</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Code
Division Multiple Access, a </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CPE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Customer
Premises Equipment, any handset,
receiver, set-top box or other equipment used by the consumer of wireless,
fixed line or broadband services, which is the property of the network operator
and located on the customer premises.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DCS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Digital
Communication System, a mobile cellular system using GSM technology operating
in the 1.8 GHz frequency band.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Defined
Benefit Pension Plan</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Defined
Contribution Pension Plan</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DLD</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DSL</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DTH</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e-Business</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Electronic
Business solutions, including electronic payment services, internet data
centers and content and application solutions. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">Refer to &#8220;New Economy Business
(&#8220;NEB&#8221;) and Strategic Business Opportunities Portfolio&#8221; under Business
Overview.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e-Commerce</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e-Money</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Electronic Money,
money
or script that is only exchanged electronically.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e-Payment</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">Also known as
electronic funds transfer, the</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter6"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">1</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_7"></a><a name="_bclPageBorder7"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader7"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">E1
</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
backbone transmission unit which operates over two separate sets of wires,
usually twisted pair cable. E1 data rate is 2,048 Mbps (full duplex), which is
divided into 32 timeslots.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Earth
Station</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
antenna and associated equipment used to receive or transmit telecommunication
signals via satellite.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">EDGE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Edutainment</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Education
and Entertainment.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed
Line</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed
wireline and fixed wireless.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed
Wireless</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed
Wireline</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">FTT</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">H&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">F</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">iber </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">T</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">o </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">T</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">he </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">H</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ome is </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the
implementation of fiber optic network that reaches up to customer point or
known as customer premise.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Gateway</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A
peripheral that bridges a packet based network (IP) and a circuit based network
(PSTN).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Gb</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Gigabyte, a unit
of information used, for example, to quantify computer memory or storage
capacity.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Gbps </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">GHz</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">GMS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">GPON</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Gigabyte-Passive
Optical Network, the most widely deployed
type of passive optical network system that brings optical fiber cabling and
signals all or most of the way to end users.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">GPRS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">GSM</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Global
System for Mobile Telecommunication, a European standard for digital cellular
telephone.</font></p>





<a name="_bclFooter7"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_8"></a><a name="_bclPageBorder8"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader8"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">Homepass</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">A connection
with access to fixed line voice, IPTV and broadband services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IDD</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IME</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Information,
Media and Edutainment.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IMT-2000</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Installed
Lines&#160;&#160;&#160; </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Complete
lines fully built-out to the distribution point and ready to be connected to
subscribers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Intelligent
Network</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The physical linking
of a carrier&#8217;s network with equipment or facilities not belonging to that
network.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IP</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Internet
Protocol, the method or protocol by which data is sent from one computer to
another on the internet.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IP
Core</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A
block of logic data that is used in making a field programmable gate array </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">or application-specific integrated circuit </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">for a product.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IP
DSLAM</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">IPO</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Initial Public Offering, the first sale of stock by a company to the public.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IP
VPN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IPTV</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ISP</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Internet
Services Provider</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> an organization
that provides access to the internet.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Kbps</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Kilobyte
per second, a measure of speed for digital signal transmission expressed in
thousands of bits per second.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





<a name="_bclFooter8"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">3</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_9"></a><a name="_bclPageBorder9"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader9"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">KSO</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Kerjasama Operasi, </font></i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">a
form of joint operation agreement that includes build, operate and transfer
that arrangement formerly used by Telkom, in which the consortium partners to
invest and operate facilities owned by Telkom in regional divisions. The
consortium partners are owned by international operators and national private
companies or Telkom.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Lambda</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Lambda
indicates the wavelength of any wave, especially in physics, electronics
engineering and mathematics.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Leased
Line</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A
dedicated telecommunications transmissions line linking one fixed point to
another, rented from an operator for exclusive uses.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Mbps</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Megabyte
per second, a measure of speed for digital signal transmission expressed in
millions of bits per second.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Metro
Ethernet</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Bridge
or relationship between locations that are apart geographically, this network
connects LAN customers at several different locations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MHz</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Megahertz,
a unit of measure of frequency equal to one million cycles per second.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Mobile Broadband</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The marketing term for wireless internet access
through a portable modem, mobile phone, USB Wireless Modem or other mobile devices.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MSAN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Multi
Service Access Node, 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Network Access Point</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A public network exchange facility where ISPs connected
with one another in peering arrangements. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">NGN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 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 packets are transmitted
on the internet. NGNs are commonly built around the Internet Protocol.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Node
B</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A
BTS for a 3G W-CDMA/UMTS network.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">OJK</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">Otoritas Jasa
Keuangan</font></i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-decoration:none;">, 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">OLO</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other
Licensed Operators, i.e. operators other than our Company.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Optical
Fiber</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cables
using optical fiber and laser technology through which modulating light beams
representing data are transmitted through thin filaments of glass.</font></p>





<a name="_bclFooter9"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">4</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_10"></a><a name="_bclPageBorder10"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader10"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Outside
Plant</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
equipment and facilities used to connect subscriber premises to the local
exchange.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pay TV</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PDN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PKLN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Tim
Pinjaman Komersial Luar Negeri</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">POWL</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Public Offering Without Listing.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Premium SMS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Premium </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PSTN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pulse</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
unit in the calculation of telephone charge.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Radio Frequency
Spectrum</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">RIO</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">RMJ</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Regional Metro Junction, an inter-city cable network
installation service in one regional (region/province).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Roaming</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">RUIM
card</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Satellite
Transponder</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SCCS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





<a name="_bclFooter10"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">5</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_11"></a><a name="_bclPageBorder11"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader11"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SIM
card</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SME</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Small
and Medium Enterprise.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SMS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Short
Messag</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">e&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Service, a technology allowing the exchange of text
messages between mobile phones and between fixed wireless phones.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SOE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Softswitch</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">STM-1</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Switch</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Terra Router</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Terra 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">TIME</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">S&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunication,
Information, Media</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Edutainment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and Service</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">UMTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Universal
Mobile Telephone System, one of the 3G mobile systems being developed within
the ITU&#8217;s IMT-2000 framework.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">USO</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VoIP</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Voice
over Internet Protocol, a means of sending voice information using the IP.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VPN</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VSAT</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">WiMAX</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter11"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">6</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_12"></a><a name="_bclPageBorder12"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader12"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Wireless Access Network</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Wireless Broadband</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Technology
that provides high speed wireless internet access or computer
networking access over a wide area.</font></p>










<a name="_bclFooter12"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">7</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_13"></a><a name="_bclPageBorder13"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader13"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a name=CDCGI></a><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CERTAIN DEFINITIONS, CONVENTIONS AND GENERAL
INFORMATION</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Unless
the context otherwise requires, references in this Form 20-F to the &#8220;Company&#8221;,
&#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Telkom</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
consolidated financial statements as of December 31</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2013&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> (Restated)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
and 2014 and for the years ended December 31, 2012, 2013 and 2014 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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On
December 31, 2014, the financial statements of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ten&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of our
subsidiaries were consolidated into the Consolidated Financial Statements for
2014. The </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ten&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> companies are PT Telekomunikasi Selular (&#8220;Telkomsel&#8221;,
in which we own a 65.0% stake), PT Dayamitra Telekomunikasi (&#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Dayamitra</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8221;, a
wholly-owned subsidiary), PT Multimedia Nusantara (&#8220;Metra&#8221;, a wholly-owned
subsidiary), PT Telekomunikasi Indonesia International (&#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">TII</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8221;, a
wholly-owned subsidiary), PT </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">PIN</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">S&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Indo</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">n</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">esia&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (&#8220;PINS&#8221;,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
previously PT Pramindo Ikat Nusantara,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> a
wholly-owned subsidiary), PT Graha Sarana Duta (&#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">GSD</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8221;, in which
we own a 99.99% stake), PT Telkom Akses (&#8220;Telkom Akses&#8221;, a wholly-owned
subsidiary), PT Patra Telekomunikasi Indonesia (&#8220;Patrakom&#8221;, a wholly-owned
subsidiary)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, PT Infrastruktur Tel</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">komunikasi
Indonesia (&#8220;Telkom Infratel&#8221;, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a
wholly-owned subsidiary)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PT Napsindo Primatel Internasional (&#8220;Napsindo&#8221;, in
which we own a 60% stake). See Note 1d to our Consolidated Financial
Statements. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Solely for the
convenience of the reader, certain Indonesian Rupiah amounts have been
converted into US Dollars at specified rates. Unless otherwise indicated, US
Dollars equivalent information for amounts in Indonesian Rupiah are converted
at the Reuters Rate for December 31, 2014 at 04.00PM Jakarta time, which was
Rp12,385 to US$1.00. The exchange rate of Indonesian Rupiah for US Dollars on March
25, 2015 was Rp12,932 to US$1.00 based on the middle exchange which is
calculated based on the Bank Indonesia buying and selling rate. 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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><a name=FLS></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FORWARD-LOOKING
STATEMENTS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>









<a name="_bclFooter13"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">8</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_14"></a><a name="_bclPageBorder14"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader14"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PART I</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM1></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 1. IDENTITY OF
DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Not applicable.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM2></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 2. OFFER
STATISTICS AND EXPECTED TIMETABLE</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable. </font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><a name=ITEM3></a><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ITEM 3. KEY INFORMATION</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:8.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SELECTED FINANCIAL DATA</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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, 2012, 2013 and 2014 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, 2012, 2013 and 2014 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 1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2014. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
Public Accountant Firm (&#8220;KAP&#8221;) Purwantono, Suherman &amp; Surja (a member firm
of Ernst &amp; Young Global Limited) audited our Consolidated Financial
Statements as of and for the years ended December 31, 2012, 2013 and 2014,
while, our Consolidated Financial Statements as of and for the years ended
December 31, 2010 and 2011 were audited by KAP Tanudiredja, Wibisana &amp;
Rekan, a member firm of the PwC global network (&#8220;PwC&#8221;).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
   </td>
 <td valign=bottom width=40% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=6 valign=bottom width=59% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Years Ended December 31,</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=40% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014 </font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=40% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=6 valign=bottom width=59% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">except for per share and per ADS amount</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Key Consolidated
  Statements of Comprehensive Income Data</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">IFRS</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">68,529&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">71,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">77,127&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">82,967&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">89,696&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7,242&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Expenses(1)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46,337&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">49,880&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">54,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">57,850&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">61,617&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,975&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Adjusted EBITDA</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37,334&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36,857&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39,971&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43,532&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46,350&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,742&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Operating Profit</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,754&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,034&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">25,497&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,727&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,172&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,355&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit before Income Tax</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21,264&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,982&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">24,027&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,030&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">28,579&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,308&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net Income Tax Expense</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(5,512)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(5,437)</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(5,886)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(6,900)</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(7,341)</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(593)</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit for the Year</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,752&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,545&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18,141&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,130&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,715&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Attributable to owners of
  the parent company</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,427&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,043&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,621&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,046&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,437&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,166&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Attributable to
  non-controlling interests</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,325&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,502&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,520&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,084&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,801&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">549&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other Comprehensive Income
  (Expenses) - Net</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(553)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,928)</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,540)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,115&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">810&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">65&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net Comprehensive Income for
  the Year</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,199&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,617&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,601&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">25,245&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,048&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,780&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Attributable to owners of
  the parent company</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,911&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,183&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,056&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,018&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,291&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,235&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Attributable to
  non-controlling interests</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,288&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,434&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,545&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,227&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,757&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">545&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Weighted average number of
  shares outstanding (in millions)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,345&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,959&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">96,011&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">96,359&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,696&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Basic and Diluted Earnings
  per Share (in full amount)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit per share(2)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">116.19&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">112.73&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">131.45&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">145.77&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">147.78&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.01&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit per ADS (200 Series B
  shares per ADS)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">23,238.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,546.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">26,290.80&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,153.58&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,556.53&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.39&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividend relating to the
  period (accrual basis, in full amount)</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividends declared per share</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">64.52&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">74.21&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">87.24&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">102.40&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividends declared per ADS</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,903.60&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,842.</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">17</font><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,447.53&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,480.34&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividend paid in the period
  (cash basis, in full amount)(3)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividends declared per share</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">55.09&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">61.71&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">74.29&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">87.24&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">102.40&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.01&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dividends declared per ADS</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,017.83&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,342.57&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,858.69&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,447.53&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,480.34&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1.65&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Expenses are calculated as the sum
of the following expenses: operation</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">s</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">, maintenance and telecommunication service,
depreciation and amortization, personnel, interconnection, general and
administrative, </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">marketing, </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">loss on foreign exchange</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> - net</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">, share of
loss of associated companies and other expenses.</font></p>





<a name="_bclFooter14"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">9</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_15"></a><a name="_bclPageBorder15"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader15"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(2)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">Using IFAS results, our profit </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">for the year </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">attributable to owners of the parent company would be Rp11,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">53</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">7
billion, Rp10,965 billion, Rp12,850 billion, Rp14,205 billion and Rp14,638
billion for 2010, 2011</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> 2012, 2013 and 2014, and our net income per share
would be Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">117.31</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">, Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">111.93,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">133.84</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">, Rp147.42 and Rp149.83 for 2010, 2011</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> 2012,
2013 and 2014. 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(3)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">In 2010, we paid a cash dividend
for 2009 of Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">55.09&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> per share and interim cash dividend 2010 of Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">5.35&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> per
share. In 2011, we paid a cash dividend for 2010 of Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">61.71&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> per share.
In 2012, we paid a cash dividend for 2011 of Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">74.29&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;"> per share.
In 2013, we paid a cash dividend for 2012 of Rp</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">8</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">7</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">.</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">24 per
share</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">. I</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">n 2014, we paid a cash dividend for 2013 of Rp102.40</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> per share</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=6 valign=bottom width=59% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Years Ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=40% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Reconciliation of
  Operating Profit to Adjusted EBITDA</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Operating Profit</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 22,754&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 22,034&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 25,497&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 27,727&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 29,172&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,355&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Add:</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  Amortization </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,580&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,823&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,474&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 15,805&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 17,178&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,387&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=41% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Adjusted EBITDA(1)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 37,334&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 36,857&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 39,971&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 43,532&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 46,350&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,742&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">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</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">-</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
   </td>
 <td colspan=6 valign=bottom width=64% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">As of December 31,</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=5 valign=bottom width=52% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">except for shares</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Key Consolidated
  Statements of Financial Position Data</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">IFRS</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Cash and cash equivalents</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 9,120&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 9,634&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,118&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,696&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 17,672&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,427&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Trade and other receivables</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,534&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,393&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,409&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,018&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,380&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 596&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Advances and prepaid
  expenses</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,441&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,294&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,721&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,937&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,733&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 382&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Current Assets</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 18,830&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 21,401&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 27,973&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 33,672&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 34,294&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,769&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Property and equipment</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 75,624&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 74,638&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 76,908&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 86,599&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 94,602&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,638&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Intangible assets</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,786&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,791&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,443&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,508&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,463&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 199&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Non-current Assets</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 82,242&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 80,965&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 82,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 94,721&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 107,321&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 8,665&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Assets</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 101,072&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 102,366&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 110,211&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 128,393&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 141,615&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 11,434&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Trade and other payables</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,787&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 8,355&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,457&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 12,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,476&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,007&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Current income tax
  liabilities</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 736&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 729&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,280&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 942&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,501&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 121&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Accrued expenses</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,409&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,790&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 6,163&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,264&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,211&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 421&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Unearned income</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,681&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,821&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,729&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,490&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,963&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 320&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Short-term loans and current
  maturities of long-term borrowings</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,360&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,913&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,658&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,525&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 7,709&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 622&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Current Liabilities</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 20,473&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 22,189&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 24,108&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 29,034&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 32,318&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,609&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Deferred tax liabilities</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,047&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,159&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,252&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,908&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,703&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 218&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pension benefit and other
  post-employment benefit obligations</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,805&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,372&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 8,184&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,258&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,115&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 332&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Long-term loans and other
  borrowings</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 16,655&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 12,958&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,617&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,731&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 15,743&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,272&nbsp;</font></p>
  </td>
 </tr>
</table></div>





<a name="_bclFooter15"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">10</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_16"></a><a name="_bclPageBorder16"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader16"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
   </td>
 <td colspan=6 valign=bottom width=64% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">As of December 31,</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">(Restated)</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
   </td>
 <td colspan=5 valign=bottom width=52% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">except for shares</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Non-current
  Liabilities</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 24,061&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 22,018&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 24,734&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 22,705&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 23,365&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,887&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Liabilities</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 44,534&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 44,207&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 48,842&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 51,739&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 55,683&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,496&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Capital stock<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 407&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net Equity Attributable to
  Owners of the Parent Company</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 44,627&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 44,844&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 46,055&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 59,753&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 67,646&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,462&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Non-controlling interests</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 11,911&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,315&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 15,314&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 16,901&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 18,286&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,476&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total Equity (Net Assets)</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 56,538&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 58,159&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 61,369&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 76,654&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 85,932&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 6,938&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net Debt</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 12,895&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 8,237&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 6,157&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,560&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,780&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">467&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net Working Capital</font></p>
  </td>
 <td valign=bottom width=12% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> (1,643)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> (788)</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,865&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,638&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,976&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 160&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=36% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Issued and fully paid shares
  (in shares)</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,400</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,400</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,400</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,400</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,400</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">As of December 31, 2014, our issued
and paid-up capital consists of one Series A Dwiwarna share having a par value
of Rp50 (the &#8220;Dwiwarna Share&#8221;) and 100,799,996,399 Series B shares having a par
value of Rp50 per share (&#8220;common stock&#8221;) each from an authorized capital stock
comprising one Series A Dwiwarna share and 399,999,999,999 Series B shares.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Exchange Controls</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Exchange Rate Information</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following table
shows the exchange rate of Indonesian Rupiah to US Dollar based on the middle
exchange rate which is calculated based on the Bank Indonesia buying and
selling rates for the periods indicated. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td colspan=2 rowspan=2 valign=bottom width=60% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Calendar Year</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">at Period End</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Average</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=4 valign=bottom width=40% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;"> (Rp Per US$1)</font></b></p>
   </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,991&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,078&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,365&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,924&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,068&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,773&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,170&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,508&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,670&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,419&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,670&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,189&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,563&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,189&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,667&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,440&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,885&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,440&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,404&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">September<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,212&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,891&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,212&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,710&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">October<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,082&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,145&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,241&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,993&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">November<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,196&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,158&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,206&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,092&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">December<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,440&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,438&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,264&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=60% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2015&nbsp;</font></b><sup><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,932&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,807&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,932&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,625&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:#c6d9f1;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">January<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,625&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,579&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,732&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,444&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:white;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">February<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,863&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,750&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,887&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,609&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=59% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">March (25)<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,932&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,069&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,237&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,932&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Source: Bank
Indonesia</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Determined based upon the last day
middle exchange rate of each month announced by Bank Indonesia applicable for
the period.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(2)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Determined based upon the daily
middle exchange rate announced by Bank Indonesia during the applicable period. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 2014, the average rate of Rupiah to the US Dollar
was Rp11,885, with the lowest and highest rates being Rp12,440 and Rp11,404,
respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
exchange rates used for conversion of monetary assets and liabilities
denominated in foreign currencies are the bid and offer rates published by
Reuters in 2012, 2013 and 2014. The Reuters bid and offer rates, applied
respectively to monetary assets and liabilities, were, Rp9,630 and Rp9,645 to
US$1.00 as of December </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">28</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, 2012, Rp12,160 and Rp12,180 to US$1.00 as of
December 31, 2013 and Rp12,380 and Rp12,390 to US$1.00 as of December 31, 2014.</font></p>





<a name="_bclFooter16"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">11</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_17"></a><a name="_bclPageBorder17"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader17"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Consolidated Financial
Statements are stated in Rupiah. The conversion 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 bid and offer rates of Rp12,385 to US$1.00
published by Reuters on December 31, 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On
March 25, 2015, the Reuters bid and offer rates were Rp12,982 and Rp12,990 to
US$1.00.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Foreign Exchange
Controls</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 PKLN, 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="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">CAPITALIZATION AND </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">NDEBTEDNESS&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">REASON FOR THE OFFER AND USE OF PROCEEDS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></p>

<b><font face="times new roman" lang=EN-US style="font-size:10.0pt;"><br clear=all>


</font></b>
<a name="_bclFooter17"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">12</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_18"></a><a name="_bclPageBorder18"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader18"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:9.3pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">RISK FACTORS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Risks Related to
Indonesia</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1.</font></i></b><b><i><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Political
and Social Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Current political and social events in
Indonesia may adversely affect our business</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 former
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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indonesia announced in November 2014, and implemented
with effect from January 1, 2015, a fixed diesel subsidy of Rp1,000 per liter
and scrapped the gasoline subsidy. Although the implementation did not result
in any significant violence or political instability, the announcement and
implementation also coincided with a period where crude oil prices had dropped
very significantly in 2014. There can be no assurance that future increases in
crude oil and fuel prices will not result in political and social instability.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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
conflicts, for example in Kalimantan, as well as inter-religious conflict such
as in Maluku and Poso.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indonesian elections were held in July 2014, and Joko
Widodo was elected as the President of the Republic of Indonesia and sworn in
on October 20, 2014. Although the April 2009, July 2009 and July 2014 elections
were conducted in a peaceful manner, President Joko Widodo's governing
coalition currently holds a minority of seats in parliament. In addition, the
relatively closely fought 2014 presidential election, the challenge from the
losing candidate in the 2014 election and the delay of the conclusion of the
election result, as well as political campaigns in Indonesia, may be indicative
of the degree of political and social division in Indonesia.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">There have been a number of terrorist incidents in Indonesia,
including the May 2005 bombing in Central Sulawesi, the 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 the market price of our
securities. </font></p>





<a name="_bclFooter18"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">13</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_19"></a><a name="_bclPageBorder19"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader19"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2.</font></i></b><b><i><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Macro
Economic Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Negative changes in global, regional or
Indonesian economic activity could adversely affect our business</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. W</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">hile the global economic crisis that arose
from the subprime mortgage crisis in the US did not affect Indonesia's economy
as severely as in 1997, it still put Indonesia&#8217;s economy under pressure. 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Fluctuations in the value of the Indonesian
Rupiah may materially and adversely affect us </font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our functional currency is the 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 US Dollar. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Rupiah </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">continues to
experience significant volatility</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">From 20</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">10&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> to 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, the Indonesian Rupiah per US Dollar exchange
rate ranged from a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">high&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">8,508&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> per US Dollar to a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">low&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of
Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">12,440&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> per US Dollar. As a result, we recorded </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">foreign exchange </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">losses of Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">189&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in
2012, Rp249 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in 2013 and Rp14 billion in 2014. As of December 31,
2014, the Indonesian Rupiah per US Dollar exchange rate stood at Rp12,440 per
US Dollar compared to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp12,189 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">per US Dollar as of December 31, 2013. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To the extent that the Indonesian Rupiah depreciates
further from the exchange rate as of December 2014, our US Dollar-denominated
obligations under our accounts payable and procurements payable, as well as
payments for foreign currency-denominated loans payable and bonds payable,
would increase in Indonesian Rupiah terms. A depreciation of the Rupiah would
also increase the Rupiah cost of our capital expenditures as most of our
capital expenditures are priced in or with reference to foreign currencies,
mainly US Dollars and Euros, while a substantial </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">majority&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of our
revenues are in Rupiah. 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 US Dollar 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In addition, while the Indonesian Rupiah has generally
been freely convertible and transferable, from time </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 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></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Downgrades of credit ratings of the Government
or Indonesian companies could adversely affect our business</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As of the date of this Annual Report, Indonesia&#8217;s
sovereign foreign currency long-term debt was rated &#8220;Baa3&#8221; by Moody&#8217;s, &#8220;BB+&#8221; by
Standard &amp; Poor&#8217;s and &#8220;BBB&#8221; by Fitch Ratings. Indonesia's short-term
foreign currency debt is rated &#8220;B&#8221; by Standard &amp; Poor&#8217;s and &#8220;F3&#8221; by Fitch Ratings.</font></p>





<a name="_bclFooter19"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">14</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_20"></a><a name="_bclPageBorder20"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader20"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We can give no assurances that Moody&#8217;s, Standard &amp;
Poor&#8217;s or Fitch Ratings, 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 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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> prospects
and/or the market price of our securities.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3.</font></i></b><b><i><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Disaster
Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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.
Flash floods and more widespread flooding also 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. Landslides regularly occur in rural areas during the
wet season. 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">For example, 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
caused severe damage to our assets. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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, that the
premium payable for these insurance policies upon renewal will not increase
substantially in the future, or that natural disasters would not significantly
disrupt our operations. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We cannot assure you that future natural disaster will
not have a significant impact on us, Indonesia or 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our operations may be adversely affected by an
outbreak of an infectious disease, such as avian influenza, Influenza A (H1N1)
virus or other epidemics</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">An outbreak of an infectious disease such as avian
influenza, Influenza A (H1N1) 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, 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Other Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesian Corporate Disclosure Standards
differ in significant respects from those applicable in other countries,
including the United States </font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As an IDX</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
and</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> NYSE 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, </font></p>





<a name="_bclFooter20"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">15</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
&nbsp; <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: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#ToC20F"><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></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">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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 8pt" lang=IN face="Times New Roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our financial results are reported to OJK (as the successor to 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 0.5in"><B><I><FONT style="FONT-SIZE: 8pt" lang=IN 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 face="Times New Roman">In accordance with the regulations of 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, 2014, on March 6, 2015, which we furnished to the SEC on a Form 6-K dated April 2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, 2015, which contains our audited Consolidated Financial Statements as of December 31, 2014 and for the year then ended and prepared in conformity with IFAS. IFAS differs in certain significant respects from IFRS, and, as a result, there are 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>

<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">Using IFAS results, our profit for the year attributable to owners of the parent company would be Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">14,205&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion and Rp14,638 billion for 2013 and 2014, respectively and our net income per share would be Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">147.42&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and Rp149.83 for 2013 and 2014, respectively. Dividends declared per share were Rp102.40 for fiscal year 2013. The dividends declare per share for the year 2014 will be decided at the 2015 AGMS, scheduled for April 17, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We are incorporated in Indonesia and it may not be possible for investors to effect 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 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face="Times New Roman">We have been advised by Hadiputranto, Hadinoto &amp; Partners</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"> our Indonesian legal advisor</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"> 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 8pt" lang=IN face="Times New Roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=IN 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 0.5in"><B><I><FONT style="FONT-SIZE: 8pt" lang=IN 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=IN face="Times New Roman">The Government has a controlling stake of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">52.56</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">% 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face="Times New Roman">As of December 31, 2014, the Government had a 14.29% equity stake in PT Indosat Tbk. ("Indosat"), which compete with us, in fixed IDD telecommunications services, and competes in cellular services of our majority owned subsidiary, Telkomsel. The Government's stake includes the Series A Dwiwarna 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 the Government&#8217;s interests will conflict 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>

<a name="_bclFooter21"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">-</FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT></FONT><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">16</FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">-</FONT></FONT><FONT>&nbsp;</FONT></P></DIV></DIV>

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



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<a name="page_22"></a><a name="_bclPageBorder22"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader22"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">B.</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Risks
Related to Our Business</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font></i></b><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Operational
Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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
are 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Although we have a comprehensive business continuity
plan and disaster recovery plan 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our networks, 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Although we have not experienced
any material successful cyber attacks to date that have affected our
operations,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> our network and our website
are frequently targeted by cyber attacks.
A</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 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 face
potential security threats, such as theft or vandalism, which could adversely
affect our operating results.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We face a number of risks relating to
our internet-related services</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>





<a name="_bclFooter22"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">17</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_23"></a><a name="_bclPageBorder23"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader23"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">A revenue leakage might occur
due to internal weaknesses or external factors and if this happened</font></i><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,&nbsp;</font></i><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> it could have an adverse effect on
our operating results</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">New technologies may
adversely affect our ability to remain competitive</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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 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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">For example, due to
competition and the increasing popularity of mobile cellular platforms, our
fixed wireless revenues and ARPU has been declining in recent years. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On June 27, 2014</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">we entered into a Conditional Business Transfer Agreement
with Telkomsel to transfer the Flexi business</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, with effect from October 1, 2014,</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and migrate</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">d&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Flexi subscribers to Telkomsel. We plan to continue to
operate the Flexi service until the end of 2015 or until our remaining Flexi
customers have migrated to Telkomsel, if earlier. In the meantime, we continue
to encourage our fixed wireless customers to enter into plans operated by Telkomsel.
W</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">e cannot assure
you that we will be successful in migrating</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> our fixed wireless subscribers onto Telkomsel's mobile
cellular platform,</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
as competition from other mobile cellular providers is intense.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">As part of our </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">continuing development of our </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">TIMES business, we </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">continue to </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">seek to develop 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>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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>





<a name="_bclFooter23"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">18</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_24"></a><a name="_bclPageBorder24"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader24"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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. We </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">have entered into a contract for the construction</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> of a replacement satellite,
the Telkom-3S, </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">which is
currently </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">planned
for launch in </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">late </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2016. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">lthough 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 </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the Telkom-3S</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or if the operational life
of the Telkom-1 satellite ends before the </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telkom-3S&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 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 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2.</font></i></b><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Financial
Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">We are exposed to interest rate risk</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;text-transform:none;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">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
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></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;">Changes in the economic situation in the United States,
including improvement or expectations of improvement in the U.S. economy, may
also have an impact on Southeast Asia and Indonesia. Expectations of the United
States Federal Reserve tapering its bond buying program on an improving economy
resulted in, among other things, the weakening of equity and bond markets
around the world and a number of Asian currencies including the Rupiah since
May 2013. In part, in an effort to support the Rupiah, in June 2013, Bank
Indonesia began raising its benchmark reference rate from a record low of 5.75%
which was set in February 2012. The benchmark reference rate has risen </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">six&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;"> times between June</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;"> 2013</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;"> and November 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">4&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;">
to 7.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">7</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;">5% before decreasing to 7.50% on
February 2015. The increase</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">s&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;"> of Bank
Indonesia reference rate</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;"> in 2013 and 2014 </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;">w</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">ere&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;"> followed by increases in the JIBOR and Bank Indonesia
Certificate (&#8220;SBI&#8221;) interest rates. There can be no assurance that the Bank
Indonesia reference rate, JIBOR or SBI rate will not rise</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;text-transform:none;">
again</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;text-transform:none;"> in the future.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">We may not be able to successfully manage
our foreign currency exchange risk</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">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 US Dollars. Most of our
revenues are denominated in Indonesian Rupiah and a portion is denominated in
US Dollars (for example from international services). We may also incur
additional long-term indebtedness in currencies other than the Indonesian
Rupiah, including the US Dollars, to finance further capital expenditures. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">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 to twelve months. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">The exchange rate of Indonesian Rupiah
is relatively fluctuative to the US Dollar and in the future, we can give no
assurance that we will be able to manage our exchange rate risk successfully or
that our business, financial condition or results of operations will not be
adversely affected by our exposure to exchange rate risk. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">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,
201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">2</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">, 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">3&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;"> and 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">, our actual
consolidated capital expenditures total</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">ing&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;"> Rp</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">17,272&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">
billion</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">, &nbsp;</font></p>





<a name="_bclFooter24"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">19</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_25"></a><a name="_bclPageBorder25"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader25"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">Rp</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">24,898&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;"> billion, and Rp24,661 billion (US$1,991 million),
respectively. Our ability to fund capital expenditures in the future will
depend on our 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 technolog</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">ies&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;"> 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;text-transform:none;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3.</font></i></b><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Legal
and Compliance Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">If we are found liable for
price fixing by the Indonesian Anti-Monopoly Committee and for class action
allegations, we may be subject</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ed&nbsp;</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> to substantial liability which could lead to
a decrease in our revenue and affect our business, reputation and profitability</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">The Company, Telkomsel and seven other local operators
are being investigated by The Commission for the Supervision of Business
Competition (&#8220;</font><i><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Komisi Pengawasan Persaingan Usaha</font></i><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221; or &#8220;KPPU&#8221;) for
allegations of SMS cartel practices. As a result of the investigations on June
17, 2008, KPPU found that the Company, Telkomsel and certain other local
operators had violated Law No. 5 year 1999 article 5 and charged the Company
and Telkomsel penalty in the amounts of Rp18 billion and Rp25 billion,
respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Due to the filing of the case by operators in various
courts, the KPPU subsequently requested the Supreme Court (SC) to consolidate
the cases into the Central Jakarta District Court. Based on the SC&#8217;s decision
letter dated April 12, 2011, the SC appointed the Central Jakarta District
Court to investigate and resolve the case. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">There can be no assurance that other subscribers,
people, or partners will not file similar cases in the future</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, or that we would </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">not </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">be subject
to adverse verdicts which</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> could
have an adverse effect on our business, reputation and profitability.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Forward-looking statements
may not be accurate </font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;"><i><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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 &quot;Risk Factors&quot;.
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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4.</font></i></b><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Regulation
Risks</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 continue 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>





<a name="_bclFooter25"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">20</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_26"></a><a name="_bclPageBorder26"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader26"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">although SMS interconnection rates
as a result of ITRB No.60/BRTI/III/2014 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and No.125/BRTI/IV/2014 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increase
from Rp23 to Rp24, effective from April 2014, SMS interconnection rates have
been decreasing prior to that in recent years and may decrease again in the
future.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The termination of Telkomsel&#8217;s premium SMS services
from October 2011 as a result of MoCI Regulation
No.1/PER/M.KOMINFO/01/2009 resulted in a substantial reduction in our revenues
from these services. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">These&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> services were</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> resumed by Telkomsel from August 6, 2013 as allowed under </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.21 year </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2013 dated
July 26, 2013, regarding the Operation of Content Provider Services on Mobile
Cellular Network and Local Fixed Wireless Network with Limited Mobility,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> as last amended by MoCI Regulation No.6 of
2015, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">which replaced MoCI Regulation
No.1/PER/M.KOMINFO/01/2009</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.
However, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">pursuant to the new decree,
premium SMS service providers are required to meet stricter requirements that
aremore difficult to comply with. Accordingly we do not expect revenues from
premium SMS services to return to levels seen prior to October 2011.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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; 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>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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. Bakrie Telecom was
awarded an IDD license in 2009 to provide international long distance service
using the &#8220;009&#8221; access code. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">We face risks related to the opening of
new long distance access codes</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">three-digit access code 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 code in all coded areas throughout Indonesia. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">However, we believe that the cost
for operators who have not upgraded their network infrastructure to open their
networks to the three-digit access code to do so is significant. To date, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">other than for Balikpapan, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">neither of the OLOs have made a request to us to
connect their networks to enable their DLD access codes to be accessible</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. A</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s
such, we believe that other than Balikpapan, none of the DLD access codes for
any of the licensed operators are usable 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>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 oblige us to allow other telecommunication operators to
lease space and utilize our telecommunications towers without any
discrimination. </font></p>





<a name="_bclFooter26"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">21</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_27"></a><a name="_bclPageBorder27"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader27"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">These regulations may adversely
affect </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">us </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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 require any changes in the placement of the existing towers. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The requirement that we share space on our
telecommunications 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. Effective 2011, local
Governments are permitted to assess fees of up to 2.0% of the tax assessed
value of towers. Although </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">only several
local government and assessed such fees and have not </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">be</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">en&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> material, there can be no assurance that they
will not be </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">material </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in the future.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">5.</font></i></b><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Risks
Related to Our Fixed Telecommunication Business</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;text-decoration:none;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Revenues derived from our wireline
voice services have declined during the past several years mainly due to the
increasing popularity of mobile voice services and other alternative means of
communication.</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
Tariffs for mobile services have declined in recent years which has further
accelerated substitution of mobile for wireline voice services. While the
number of our fixed wireline subscribers increased by 4.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">% </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3 </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">and </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">increased </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">by 3.7% at the end of 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, revenues from our wireline voice
services decreased by 8.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">% in 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and by 2.2% in 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. The percentage of revenues derived
from our wireline voice services out of our total revenues continued to
decrease from 1</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">0</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">% in 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> to </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">9.4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">% in 201</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">We have been taking various
measures in order to 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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our data and internet
services are facing increasing competition, and we may experience declining
margins from such services as such competition intensifies</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our data and internet
services are facing increase competition from other data and internet operators
as well as mobile operators. The number of mobile broadband subscribers have
increased with the </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">increasing&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> popularity</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> of smart phones in Indonesia, which</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> adversely affects our market
share and revenues from our fixed </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">line&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
data and internet services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">In 2013, the regulator
permitted the Wi-Max operators to deploy the long term evolution (&#8220;LTE&#8221;)
technology</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> which will
further intensify competition in the broadband internet space.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">6.</font></i></b><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Competition
Risks Related to Our Cellular Business (Telkomsel)</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Competition from existing service
providers and new market entrants may adversely affect our cellular services
business</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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, 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;), 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>





<a name="_bclFooter27"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">22</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_28"></a><a name="_bclPageBorder28"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader28"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A number of consolidations among
Indonesian operators have taken place in recent years. In March 2010, Smart
Telecom and Mobile-8 announced the signing of a cooperation agreement to use
the same logo and brand under the brand name &quot;smartfren&quot;. </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">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.
XL-Axiata </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">completed the
acquisition of a majority interest in PT </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Axis </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telekom in
March 2014 and merged in April 2014</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
merger resulted in XL</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">-Axiata&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> becoming one of the three largest
operators and also acquiring additional frequency allocations to facilitate its
plans to implement LTE (4G) technology. Further operator consolidation is
likely in order to ensure that each operator can remain competitive, reduce
operational costs and also to </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8220;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">rebalance</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8221;&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> the broadband mobile frequency
spectrum that require wider frequency bandwidth. The MoCI also supports
operator consolidation, as it has been reluctant to issue new licenses for
cellular players in recent years</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">While
operator consolidation may lead to improved conditions in the cellular
telecommunication industry, it also present challenges for Telkomsel in
maintaining its market position.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7.</font></i></b><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Risks
Related to Development of New Businesses</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">We believe that efforts to develop new businesses other
than the telecommunication business as well as international expansion are
necessary to ensure continuing business growth. This is undertaken through the
activities of our subsidiaries, </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">primarily </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">Metra and TII.
Risks related to new business development include competition from established
players, suitability of business model, the need to acquire new expertise </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">in the new areas
of operation</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">, and risks related to online media which include
intellectual property, consumer protection and confidentiality of customer
data. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Focusing on</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
international expansion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">is&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> one of our strategic business intiatives</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. In particular, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">we have started expansion into seven countries, namely
Hong Kong-Macau, Timor Leste, Australia, Myanmar, Malaysia, Taiwan, and the
United States of America. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Expanding our
operations internationally exposes us to a number of risks associated with
operating in new jurisdictions </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">for&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> example, our international operations could be
adversely affected by political or social instability and unrest, by regulatory
changes, such as an increase in taxes applicable to our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">operations</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,
macroeconomic instability, limitations on or controls on the foreign exchange
trade, competition from local operators, difference in consumer preferences and
a lack of expertise in the local markets in which we will be in operation. Any
of these factors could cause our expected returns from our expansion to be
limited and could have a material and adverse effect on our business, results
of operations and financial condition.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM4></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 4. INFORMATION ON
THE COMPANY</font></b></p>

<p style="margin:0in;margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">HISTORY AND
DEVELOPMENT OF THE COMPANY </font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">TELKOM
INDONESIA PROFILE</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Name of the Company</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia
  Tbk</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">Abbreviated Name</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">PT Telkom Indonesia Tbk (Persero)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Commercial Name</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Telkom</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Line of Business</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Telecommunication and network services</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Group of Business</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Good and Service Trading</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Taxpayer Identification Number</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">01.000.013.1-093.000</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Certificate of Company Registration</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">101116407740</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Business License</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">510/3-0689/2013/7985-BPPT</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Domicile</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Bandung</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Address</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Gedung Graha Merah Putih, Jl. Japati No. 1, Bandung, </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">West Java, </font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Indonesia 40133</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Telephone</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">+62-22-4521404</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" style="font-size:10.0pt;">Facsimile</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" style="font-size:10.0pt;">+62-22-7206757</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Website</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">www.telkom.co.id</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Email</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:10.0pt;text-decoration:none;">corporate_comm@telkom.co.id</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">, investor@telkom.co.id</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=PT style="font-size:10.0pt;">Rating</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sub><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">id</font></sub><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">AAA
  (Pefindo) for</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">
  2012, 2013 and</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> 2014</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Date of Legal Establishment</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">November 19, 1991</font></p>
  </td>
 </tr>
</table></div>





<a name="_bclFooter28"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">23</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_29"></a><a name="_bclPageBorder29"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader29"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Legal Basis of Establishment</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Based on Government Regulation No.25</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">/</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1991, we were converted from a state agency existing
  at that time to a state-owned limited liability corporation based on the
  Notarial Deed of Imas Fatimah, S.H. No. 128 dated September 24, 1991 which
  was approved by the Ministry of Justice of the Republic of Indonesia in </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">its Decision Letter</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> No.C2-6870.HT.01.01</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> Th. </font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1991 dated November 19, 1991 and</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> was</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> published in State Gazette No. 5
  dated January 17, 1992, Supplement No. 210. The Articles of Association has
  been amended several times, the latest amendment of which was about, among
  others, the change of capital structure through the Company&#8217;s 5-for-1 stock
  split whereby each share with par value of Rp250 would be split into Rp50 per
  share, and the Partnership and Community Development Programme (&#8220;PKBL&#8221;) was
  excluded from the Work Plan and Company Budgets, based on notarial deed No.
  11 dated May 8, 2013 of Ashoya Ratam, S.H., MKn. The latest amendment was
  accepted and approved by the Ministry of Law and Human Rights of the Republic
  of Indonesia (&#8220;MoLHR&#8221;) in its Letter No. AHU-AH.01.10-22500 dated June 7,
  2013 and was published in State Gazette No. 26 dated April 1, 2014,
  Supplement No. 2990/L</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Ownership</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">The Government of the Republic of Indonesia 52.56%</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Public 47.44%</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=IT style="font-size:10.0pt;">Listings</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">The Company's shares were listed on the </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesia Stock </font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Exchange&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> (&#8220;IDX&#8221;, previously Jakarta Stock
  Exchange</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> and Surabaya </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">S</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">tock Exchange</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">)&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> Jakarta, Indonesia and The New York Stock Exchange
  (&#8220;NYSE&#8221;) New York, United State</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> of
  America on November 14, 1995. Since June 5, 2014, Telkom shares are no longer
  traded on the London Stock Exchange (&#8220;LSE&#8221;)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> and since May 16, 2014, Telkom shares ceased to be
  registered on the Tokyo Stock Exchange (&#8220;TSE&#8221;) in Japan.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Stock Code</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">TLKM on IDX</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">TLK on NYSE</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Authorized Capital</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1 Series A Dwiwarna share and 399,999,999,999 Series B
  shares</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Issued and Fully Paid Capital</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1 Series A</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> Dwiwarna sh</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">a</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">re&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;"> and 100,799,996,399 Series B</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> sh</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">a</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">res&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Service Offices</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1 Head Office</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">7 Regional Division (&#8220;Divre&quot;) Offices </font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">and 58 Regional Telecommunications (&quot;Witel&quot;)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=31% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">Service Offices consisting of</font></b></p>
  </td>
 <td valign=top width=2% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">:</font></p>
  </td>
 <td valign=top width=67% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">572 Plasa Telkom outlets</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">1 Foreign GraPARI in Hong Kong</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">409</font><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">
  GraPARI (including third party managed outlets)</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;">268 units Mobile GraPARI</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Public Accountants</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">KAP Purwantono, Suherman &amp; Surja </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Member </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Firm </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of
Ernst &amp; Young Global Limited</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesia </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Stock
Exchange Building Tower 2, 7<sup>th</sup> Floor</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Jenderal Sudirman Kav. 52-53</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jakarta 12190</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Registrar</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PT Datindo Entrycom</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Wisma Sudirman</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Jenderal Sudirman Kav</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 34-35</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jakarta 10220</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Trustee</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PT CIMB Niaga Tbk.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Graha Niaga, 20<sup>th</sup> Floor</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Jend</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">eral&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
Sudirman Kav. 58</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jakarta 12190</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter29"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">24</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_30"></a><a name="_bclPageBorder30"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader30"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Rating agency</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PT Pefindo</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Panin Tower Senayan City, 17<sup>th</sup> Floor</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Asia Afrika Lot. 19 </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jakarta 10270</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Custodian</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">PT Kustodian Saham Efek Indonesia (KSEI - Indonesian Central
Securities Depository)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesia </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Stock
Exchange Building Tower 1, 5<sup>th</sup> Floor</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jl. Jenderal Sudirman Kav</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 52-53</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Jakarta 12190</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Depositary Receipts </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Bank of New York Mellon</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> Corporation</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">101 Barclay Street</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">22nd Floor West</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">New York, NY 10286</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">United States of America</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Authorized agent for sevice of process in US</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Puglisi &amp; Associate</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">850 Library Avenue, Suite 204, </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Newark, Delaware, 19711 </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">United States of America</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Employee
Union </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Serikat Karyawan (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">SEKAR</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">) Telkom</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The information found on our website listed above 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. 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="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;text-transform:uppercase;">Telkom
Indonesia HISTORY AND Milestones</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1856-1884</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On October 23, 1856, the Dutch Colonial Government deployed
the first electromagnetic telegraph service operation in Indonesia, which
connected Jakarta (Batavia) and Bogor (Buitenzorg). We consider this event to
be part of the beginnings of Telkom&#8217;s history and have thus adopted October 23
as the anniversary of ou</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">r&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
&#8220;beginning&#8221;. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 1884, the Dutch Colonial Government established a private
entity, &quot;</font><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Post en Telegraafdienst</font></i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&quot; to provide postal and
telegraph services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1906-1965</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 1906, the Dutch Colonial Government established a </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">G</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">overnment agency to assume control postal
services and telecommunications in Indonesia, named Jawatan Pos, Telegrap dan
Telepon (</font><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Post, Telegraph en Telephone Dienst/PTT</font></i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">). In 1961, its status
was changed to newly-established state-owned company, Perusahaan Negara Pos dan
Telekomunikasi (PN Postel). In 1965, the Government separated postal and
telecommunications services by dividing PN Postel into Perusahaan Negara Pos
dan Giro (PN Post &amp; Giro) and Perusahaan Negara Telekomunikasi (PN
Telekomunikasi).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1974</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PN Telekomunikasi was turned into Perusahaan Umum Telekomunikasi
Indonesia (Perumtel), which provided domestic and international
telecommunications services, and subsequently spun-off PT Industri
Telekomunikasi Indonesia (PT INTI), which manufactured telecommunications
equipment, into an independent company.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1991</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Perumtel was transformed into a </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">state-owned </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">limited liability </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">corporation </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and renamed Perusahaan Perseroan
(Persero) PT Telekomunikasi Indonesia (Telkom) under Government Regulation No. 25
of 1991. Our business operations was then divided into 12 telecommunication
regions which was later reorganized in 1995 into seven regional divisions (</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8220;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Divre</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8221;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">), namely Divre I Sumatra, Divre II Jakarta and the
surrounding areas, Divre III West Java, Divre IV Central Java and Yogyakarta,
Divre V East Java, Divre VI Kalimantan, and Divre VII Eastern Indonesia. </font></p>





<a name="_bclFooter30"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">25</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_31"></a><a name="_bclPageBorder31"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader31"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1995</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On May 26, 1995, we and Indosat established Telkomsel, our
Initial Public Offering/IPO was on November 14, 1995, with our shares listed on
the Jakarta Stock Exchange (now </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">IDX</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">)
and SSX. Our shares were also listed on the NYSE and the LSE in the form of
American Depositary Shares (&#8220;ADSs&#8221;), and were publicly offered without listing
on the </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">TSE</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1999</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Law No. 36/1999 on the Elimination of Telecommunications
Monopoly, which became effective in September 2000, facilitated the entrance of
new players to foster competition in the telecommunications industry.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2001</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We acquired 35% of Telkomsel shares from Indosat as part of
the restructuring of the telecommunications service industry in Indonesia,
which was characterized by the elimination of joint ownership and
cross-ownership between us and Indosat. With this transaction, we controlled
77.7% shares in Telkomsel. Indosat then took over 22.5% of our shares in
Satelindo and 37.7% of our shares in PT Aplikanusa Lintasarta</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">At the same time, we lost our exclusive rights as the sole
operator of fixed line services in Indonesia.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2002</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We divested 12.72% of Telkomsel shares to Singapore Telecom
Mobile Pte Ltd</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (SingTel Mobile), and were left with
65% of shares in Telkomsel.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We acquired the entire share capital of PINS in three stages,
with 30% of the shares acquired on the date of the contract on August 15, 2002,
15% on September 30, 2003 and the remaining 55% on December 31, 2004.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2004</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We launched an international direct dialing service for fixed
lines with the access code 007.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2005</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TheTelkom-2 Satellite was launched to replace all satellite
transmission services that were previously provided by Palapa B-4, which
brought the total of satellite launched by us to eight satellites, including
Palapa A-1.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2009</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We underwent a transformation from an information
telecommunication company to </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Telecommunication, Information, Media and Edutainment (</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TIME</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">)&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Company. Our new image was introduced to the public with a
new corporate logo and tagline of &quot;the world in your hand&quot;.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2010</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Submarine fiber optic cable project JaKaLaDeMa linking
Java, Kalimantan, Sulawesi, Denpasar, and Mataram was successfully completed in
April 2010.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2011</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We commenced the reform of the telecommunications
infrastructure through the Telkom Nusantara Super Highway project, which unites
the archipelago from Sumatra to Papua, as well as the True Broadband Access
project to provide </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">i</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">nternet access with a capacity of
20-100 Mbps to customers throughout Indonesia.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2012</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We increased broadband penetration through the development of
Indonesia Wi-Fi to as part of our &#8220;Indonesia Digital Network&#8221; program. We
reconfigured our business portfolio from TIME to TIMES (Telecommunication, Information,
Media, Edutainment &amp; Service) to increase business
value creation.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2013</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of 2013, we have been operating in seven countries,
namely, Hong Kong-Macau, Timor</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> Leste</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,
Australia, Myanmar, Malaysia, Taiwan, and the United States of America.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We were the first operator in
Indonesia to commercially launch 4G </font></font><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s</font></font><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ervices</font></font><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> in December
2014</font></font><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.</font></font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter31"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">26</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_32"></a><a name="_bclPageBorder32"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader32"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">BUSINESS </font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">OVERVIEW&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">CORPORATE
STRATEGY</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our vision and
mission is stated in our long-term plan approved by the Board of Commissioners
on May 30, 2014 by the Decree of the BOC No. 11/KEP/DK/2014/RHS and amendment
approved on December 31, 2014 by the Decree of the BOC No. 18/KEP/DK/2014/RHS.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Vision</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our vision is to
become a leading Telecommunication, Information, Media, Edutainment and
Services (&quot;TIMES&quot;) player in the region, leading in terms of our
performance on the financial and market aspects (revenue, net income, market
capitalization) and being included in the leading telecommunication operators
group (both of which only have telecommunication portfolio and TIMES) in the
Asia region.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Mission</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">To provide &quot;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ore for
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">L</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ess&quot; service with respect to TIMES. This business model
seeks to promote benefits before price, and to provide more benefits or value
at a lower price; and</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Being exemplary of best corporate
management in Indonesia. We develop our quality of service standards in the
Telkom Quality System based on international standards. We seek to manage our
business using the best methods and tools applied by world-class companies, in
order to be the best company in Indonesia and a role model for other companies.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">STRATEGIC
OBJECTIVE OF TELKOM</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have defined our
corporate strategies broadly as follows:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1. Directional
Strategy&#160;&#160;&#160;&#160;&#160;&#160;&#160; : Sustainable competitive growth</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2. Portfolio Strategy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; :
Converged TIMES portfolio</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3. Parenting
Strategy</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">: Strategic guidance</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=NL style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Directional Strategy
refers to a sustainable competitive growth strategy that supports and grows our
market capitalization.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Portfolio Strategy
refers our strategy to develop a converged TIMES portfolio that provides
seamless converged services (multiservice in multi device) by exploiting the
synergies of the Telkom Group.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Parenting Strategy
calls for us to manage multiple businesses with different maturity levels, and
to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">tailor </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">parenting
style to the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">particular </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">characteristic</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">of the business entity</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. To support growth, the strategic guidance covers all
aspects of planning and optimizing of synergies within the Telkom Group.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To ensure that our business transformation is progressing
well and thoroughly, from the Corporate to the Functional level, we applied the
strategic formulation model in stages, namely, preparing the Corporate Strategy
from a Strategic Situation Analysis (SSA), Strategy Formulation (SF), Strategy Implementation (SI), Strategy Evaluation &amp;
Control (SEC), and translating those deeper at the various levels from Division
to Functional level.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">Business Portfolio</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;text-transform:uppercase;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As the largest TIMES
service provider and a SOE, we serve millions of subscribers all over
Indonesia. We booked a revenue of Rp82,967 billion for the year ended on
December 31, 2013 and Rp89,696 billion for the year ended on December 31, 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our business does
not experience significant seasonality. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">H</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">istorically and up to the
present, the largest share of our revenue is contributed from services related
with telecommunications, data and internet. As a TIMES provider, we
continuously pursue innovation in other non-telecommunication sectors, and seek
to build synergies among our products, services, and solutions.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our converged TIMES
portfolio is part of our business transformation. We have organized our TIMES
portfolio into 15 business portfolios comprising of nine products portfolios
and six customers portfolios. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our business
portfolios are classified under several business lines as follows:</font></p>





<a name="_bclFooter32"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">27</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_33"></a><a name="_bclPageBorder33"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader33"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Telecommunication</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s&nbsp;</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
Business </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our
telecommunication business portfolio</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> include: </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Fixed Services (fixed wireline services, fixed
broadband, Wi-Fi) </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Mobile Services (full mobility</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> or
cellular services and limited mobility</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">or fixed wireless services) </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Network and Infrastructure Services
(interconnection</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (including </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">international</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">)&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> traffic, network
services, satellite, and tower)</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Information
Business </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our
information business portfolio</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> include: </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Platform Services (Managed Applications and
System Integration, Business Process Management, e-payment, premises
integration, data center &amp; cloud, and M2M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (machine to machine</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">))&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Big Data</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Ecosystem Solution (e-Health, e-Logistic, e-Tourism,
e-Transportation, e-Education and e-Gov)</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Media and
Edutainment Business </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our media
and edutainment business portfolio</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> include: </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Digital Life </font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Digital Home</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Digital Advertising</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our customer
portfolios include</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> :</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Personal &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Consumer/Home &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Business&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Enterprise &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Wholesale &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:9.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">International&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telecommunication Business</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our telecommunication business
portfolios includes :</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p align=left style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></i><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fixed
Wireline Services</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our fixed wireline services include plain old
telephone services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (&#8220;POTS&#8221;)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, value-added services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (&#8220;VAS&#8221;)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">i</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ntelligent </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">n</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">etwork </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(&#8220;IN&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">services and session initiation protocol </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(&#8220;SIP&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">services.
IN services are IP-based network services that are connected to our exchange
systems and telecommunications network. SIP services are IP multimedia
subsystem (&#8220;IMS&#8221;) services which combine wireless and fixed line technologies
for voice and data communications.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 2014, w</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">e
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">continued our</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> &#8220;More for Less&#8221; program</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, which</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> helped to promote
our fixed wireline business</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> by offering
fixed broadband and IPTV services as</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
part of a bundle with our fixed wireline services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></i><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fixed
Broadband</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our primary non-cellular based broadband internet
service, using ADSL and fiber optic technology, is offered under the commercial
name &#8220;Speedy&#8221; (which is in the process of being rebranded to
&quot;IndiHome&quot;, which offers &quot;triple play&quot; services). We also
provide a prepaid on-demand, &#8220;pay as you use&#8221; broadband internet service
using Wi-Fi access under the commercial name of &#8220;@wifi.id&#8221; (previously &#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Speedy Instan&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></i><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cellular
Services</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">We </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">provide </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">cellular </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">communications
services using GSM technology through </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">subsidiary, Telkomsel</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
Cellular services </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">cluding&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> mobile data services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">) remained the largest contributor to our</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> consolidated revenues in 2014. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">We have</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> two
primary types of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">cellular </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">products and services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> postpaid services
represented by kartuHalo and prepaid services represented</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> by </font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">simPATI,&nbsp;</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Kartu As and Loop.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=calibri,sans-serif lang=IN style="font-size:10.0pt;">&#8211;</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">kartuHALO </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">is a postpaid mobile communications service. As of
December 31, 2014, kartuHalo had </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2.9
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">million subscribers, compared with</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 2.5</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
million subscribers as of December 31, 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=calibri,sans-serif lang=IN style="font-size:10.0pt;">&#8211;</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">simPATI </font></i></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">is a
prepaid premium </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">service </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">that can be purchased at any cellular shop in the form
of starter packs and top up vouchers</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
brand proposition is </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Discover Excitement</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=calibri,sans-serif lang=IN style="font-size:10.0pt;">&#8211;</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Kartu A</font></i></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s </font></b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">is a prepaid service with </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a more
price sensitive market segment compared to simPATI.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=calibri,sans-serif lang=EN-US style="font-size:10.0pt;">&#8211;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Loop&nbsp;</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> is a prepaid service that targets the youth segment
through the provision of attractive data packages</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We introduced
Loop in 2014 as a new brand that targets youths with smart devices.</font></p>





<a name="_bclFooter33"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">28</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_34"></a><a name="_bclPageBorder34"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader34"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, we </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">continued
with </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">marketing programs for
cellular services </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">generally </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">to promote sales and enhance awareness of
Telkomsel's brands.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> We also focused on
making our loyalty programs, such as Telkomsel Points, more attractive to our
customers. We also launched 4G services in December 2014, with
initial coverage in Jakarta and Bali, and were the first operator in Indonesia to
launch 4G services commercially. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our
mobile cellular </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">subscriber </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">base increased from 131.5 million subscribers at
the end of 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> to
140.6 million by the end of 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, an
increase of 6.9% or 9.1 million subscribers.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed Wireless
Services</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">fixed wirelessservices</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, which uses limited
mobility CDMA technology operates under the &quot;Flexi&quot; brand. O</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">n June 27, 2014, we entered into a Conditional Business
Transfer Agreement with Telkomsel to transfer parts of the Flexi business and
migrate Flexi subscribers to Telkomsel. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">However, we plan to continue to operate the Flexi service to serve our
remaining Flexi customers who have not migrated to Telkomsel till </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">December
14,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 2015. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 2014, we </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">have also
continued with our</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> migration strategy </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">encourag</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">e&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> our fixed wireless customers to enter into plans operated by
Telkomsel. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">T</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">he number of our fixed wireless connections in
service </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">continued to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">decline in 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,
from approximately 6.8 million as of December 31, 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> to
4.4 million as of December 31, 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p align=left style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:left;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">5.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><b><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Interconnection Services</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">We </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">also
earn revenue from other telecommunications operators </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">that utilize our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">extensive
network infrastructure in Indonesia, both for calls that end at or transit via </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">network.
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Similarly</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">we&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> also pay interconnection fees to other
telecommunications operators when </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">we
use </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">their networks to connect a call from
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">customers. Interconnection services that we provide to
other telecommunications operators comprise domestic and international
interconnection services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">6.</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Network Services</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">We </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">directly
manage </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;">the provision of network services
such as leased lines </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to customers comprising of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;">business partners, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">commercial
businesses and OLO</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">network
services customers </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">may enter into</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> short-term deals </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">for several minutes of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">broadcasting </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">to&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> longer-term agreement</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s for </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">one to
five year periods.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">7.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;line-height:normal;">Satellite &nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">Our satellite operations consist primarily 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. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In view of market opportunities and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">limited
supply, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">we plan to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> expand </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> satellite business with the construction of
Telkom-3S satellite through a partnership on acquired orbital slot. The
Telkom-3S satellite is currently under development.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We manage our satellite business through our subsidiaries,
Metra and Patrakom.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">8.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><b><i><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Tower &nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Through our subsidiary, Dayamitra, we lease out space to
other operators to place their telecommunications equipment on these towers for
which we receive a fee.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p align=left style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Information Business</font></b></p>

<p align=left style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our information</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> business portfolio
includes</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">: &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Platform Services</font></i></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">which includes </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Managed Applications and S</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ystem </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">I</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ntegration</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, B</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">usiness
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">P</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">rocess </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">anagement</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,
E-payment, Premises Integration, Data Center </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Cloud, and M2M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Managed
Applications and S</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ystem </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">I</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ntegration
services provide software development </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">loud-based and server-based IT management
services. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">B</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">usiness </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">P</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">rocess </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">anagement services provide </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">customer relationship management</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, analytic consulting, services operation management
and enterprise shared services. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">E-Payment&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> includes </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">services
related to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billing payment, remittance, e-payment
platform (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">e-money</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">) and e-payment solutions (e-V</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">oucher&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> services).
Premises Integration services includes </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">customer premises equipment (&quot;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CPE&#8221;)
trading, managed CPE services, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">m</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">anaged </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">n</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">etwork </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ervices and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">m</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">anaged </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ecurity </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ervices.
Data Center and Cloud </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ervices includes </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">server colocation, hosting, disaster recovery center,
content delivery network services, IaaS (infrastructure as a service, which
offers configurable virtual servers and storage) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">SaaS (software as a
service, which offers cloud-based software and IaaS services).</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To complement and leverage our information business,
our subsidiary Metra formed a joint venture on August 29, 2014 with Telstra Holding
Singapore Pte. Ltd. to provide network application services to Indonesian
enterprises, multinationals and Australian companies operating in Indonesia.
The joint venture will focus on four key areas, namely, managed network
services, managed security services, and unified communications and cloud solutions.</font></p>





<a name="_bclFooter34"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">29</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_35"></a><a name="_bclPageBorder35"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader35"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Big Data,</font></i></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> which includes data analytics, targeted digital
advertising, post call marketing and analytics, machine to machine analytics,
data monetization for enterprise service providers and sentiment analytics. We
are currently exploring opportunities to provide services in this area</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Ecosystem Solution,</font></i></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> which includes services involving e-Tourism, e-Gov,
e-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">L</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ogistic, e-Education, e-Health and e-Transportation. We are currently
exploring opportunities to provide services in this area</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p align=left style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:left;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Media and Edutainment Business</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Media and Edutainment
business portfolio includes</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> the
following :</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Digital Life</font></i></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> refers to digital content services (such as music and
e-books), applications and games which are distributed through apps store and
web stores, e-commerce marketplace, portals, e-radio and internet-based UseeTV.
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Digital Home</font></i></b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> </font></i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">refers to a development of home media content convergence services for
multi-screen/device, and multi-platform, which are consists of media entertainment
(Pay TV : DTH, UseeTV cable), digital media storage, home automation and security.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Television broadcast services comprising of:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pay TV </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">is a pay TV service broadcasted over satellite links
offering premium-grade contents in news, sports, entertainment, and others.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IPTV&nbsp;</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> is an Internet Protocol-based </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">T</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">elevision under
the commercial name </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">UseeTV Cable</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. The service is delivered using
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Speedy&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> broadband access network, and offers </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">pause
and rewind</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">features for contents such as </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">video-on-demand </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">programming,
FTA TV, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">remium TV, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">internet
radio </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and TV on demand, which allows play back of program
content from the last seven days.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">OTT TV (Over the Top TV)</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> is an </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">internet
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">TV service under the commercial name </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">UseeTV</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> that
can be accessed from Telkom's </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">internet
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">network, offering free content such as </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">video</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-on-demand
programming, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">live </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">TV, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">internet
radio</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, and some pay video programming.
Similar to UseeTV Cable, the OTT TV is also capable of allowing play back of
program content from the last </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">three </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">days.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Digital Advertising</font></i></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> is a commercial service for the promotion of products
or services of any third party that are presented in digital or print media,
such as radio, television, internet, newspapers, brochures/leaflets and
billboards.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">network INFRASTRUCTURE AND development</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our network
infrastructure can be categorized into national and international network
infrastructure. National network infrastructure was held to realize one of our
major programs, namely Indonesia Digital Network (&quot;IDN&quot;).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">International Networks</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">We operate international
gateways in Batam, Jakarta, and Surabaya to route outgoing and incoming calls
on our IDD service (&#8220;007&#8221;).</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">After </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">Batam
Singapore Cable System (BSCS), Asia America Gateway (AAG), and Singapore Japan
Cable System (SJC) on March 7, 2014, our subsidiary TII</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">in
cooperation with other 17 global telecommunication providers signed </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">MoU </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">for a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">submarine cable development project, South East Asia &#8211; Middle East
-Western Europe 5 (SEA-ME-WE 5). SEA-ME-WE5 is a submarine cable system with </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">length
of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">approximately </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">20</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">000 km stretching from Dumai, Indonesia to
several countries in Southeast Asia,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;"> and</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> France and Italy</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> with
direct connection from Indonesia to Europe, SEA-ME-WE 5.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;"> Construction began in September 2014 and the cables
system is expected to begin carrying commercial traffic in 2016.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">We also</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> sign</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">ed&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> MoU </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">in
August 2014 or the d</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">evelopment of
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">another </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">submarine cable system infrastructure</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">, the</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">
Southeast Asia &#8211; United States (SEA &#8211; USA) Cable System, where </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">TII has</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">
joined as </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">member o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">f&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;"> a consortium with other 6 global
telecommunication companies. SEA &#8211; US connects Manado (Indonesia), Davao
(Philippines), Piti (Guam), Oahu (Hawaii, United States), and Los Angeles
(California, United States).</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">To support the international
services both voice and data, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">TII </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">operates 16 points of presence (&#8220;POP&#8221;) in
various parts of the world, including in Asia (Dubai, Singapore, Hong Kong,
Malaysia and Tokyo), Europe (London, Frankfurt and Amsterdam) and the USA
(Ashburn, New York, Los Angeles, San Jose and Palo Alto). </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">National
Network</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">In the
master plan and IDN infrastructure, our target was to modernize legacy network
into a network that used a broadband access infrastructure. We have 13.3
million homepass of broadband access while Telkomsel digital network was
strengthened by 85,420 base stations.</font></p>





<a name="_bclFooter35"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">30</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_36"></a><a name="_bclPageBorder36"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader36"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">We</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> continue to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> pursue development of</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> our
network infrastructure to offer a more efficient and cost-competitive service </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">as </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">part
of the Government&#8217;s Master Plan for the Acceleration and Expansion of
Indonesia's Economic Development (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">MP3EI</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">) in line with our transformation into a TIMES provider
under our IDN program. In the framework of developing high-quality,
efficient and competitive infrastructure in terms of the costs in delivery
services, we continue to pursue the development and improvement of the network
infrastructure, known as Telkom One Network, which was built and operated by
Telkom Group. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">Our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">IDN </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">program involves the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">following three program developments:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">id-</font><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Convergence&nbsp;</font></i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> (&#8220;id-Con&#8221;)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">: </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">convergence of the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">node service network infrastructure into a
multi-service and multi-screen </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">integrated
NGN</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">id-</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Ring</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">: </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">development of our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">transport network infrastructure into an IP-based and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">optical backbone network</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">id-</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Access</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">: </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">development of our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">customer access network infrastructure into a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">high s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">peed
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">broadband access</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> through </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">fiber
optic</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and Wi-Fi networks.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fixed
Wireline Network</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As
of December 31, 2014, we managed </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">9.7&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> million fixed wireline connections. In the master
plan and IDN infrastructure, our target was to modernize legacy network into a
network that used a broadband access infrastructure.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td rowspan=2 valign=bottom width=49% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Operating Statistics </font></b></p>
  </td>
 <td colspan=9 valign=bottom width=51% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">As and for the year ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2013</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2012&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2011</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2010</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Exchange capacity</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">13,946,801&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">13,918,369&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">13,908,003&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">12,180,214&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">11,237,229&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Installed lines</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">10,341,807&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">10,650,652&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">11,109,156&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">11,005,208&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">10,510,048&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Lines in service<sup>*</sup></font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">9,698,255&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">9,350,806&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">9,034,010&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">8,688,526&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">8,302,818&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">*</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Lines in service are subscriber lines and public telephone
lines, including the lines in service that we operate under revenue-sharing
arrangements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed Wireless Network</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;fixed wireless infrastructure consists primarily
of mobile switching centers (&#8220;MSC&#8221;) and base station sub systems (&#8220;BSS&#8221;), which
consists of a base station controller (&#8220;BSC&#8221;) and a base transceiver station
(&#8220;BTS&#8221;). </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Based on Decision
Letter No. 934 dated September 26, 2014, the MoCI approved t</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">he transfer of the Company&#8217;s frequency</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> usage license </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">on radio frequency spectrum of 800 MHz, specifically on spectrum of
880-887.5 MHz paired with 925-932.5 MHz, to Telkomsel. Telkomsel can
use the radio frequency spectrum from the time the decision letter was issued.
On June 27, 2014, we entered into a Conditional Business Transfer Agreement with
Telkomsel to transfer parts of our fixed wireless business and migrate</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">d&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
subscribers to Telkomsel. However, we plan to continue to operate the Flexi
service till the end of 2015 or until our remaining Flexi customers have
migrated to Telkomsel, if earlier. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cellular Network</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our cellular
services, which are operated by our subsidiary, Telkomsel, have the most
extensive network coverage of any cellular operators in Indonesia. Telkomsel
currently operates on the GSM/DCS, GPRS, EDGE</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.5G&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and
4G</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 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 1.8 GHz frequency. Telkomsel&#8217;s 3G network uses 15 MHz of bandwidth on the
2.1 GHz frequency. The range of cellular services on the GSM network provided
by Telkomsel extends to all cities and districts in Indonesia.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> In 2014, Telkomsel has added 15,556 unit of
BTS. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of December 31, 2014, Telkomsel&#8217;s
digital network was supported by 85,420 BTS.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Data and Internet Network</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 2014, we
continued to improve the quality of our data network by providing additional
capacity and coverage, and as of December 31, 2014 provided broadband access
using MSAN technology with </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">13.3
million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> homes passed</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> As of December
31, 2014, we have expanded our metro ethernet network by </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">874,450Mbps&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
which is able to provide broadband services throughout Indonesia. The Metro
ethernet is also used as the main link for the IP DSLAM, MSAN for Speedy (which
is in the process of being rebranded to IndiHome) broadband, softswitch, IP
VPN and GPON broadband for mobile backhaul, corporate business solutions and
triple pay services. As of December 31, 2014, we have added additional </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">11,802&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
BTS node B, bringing it to a total of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">38,836&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> BTS node
B. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of December 31,
2014, we have extended the capacity of our internet gateway to reach an
installed capacity of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">390,2&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Gbps. This ensures the adequacy of the capacity of
the internet gateway so that it is able to anticipate the expected growth in
broadband traffic for both fixed and mobile. In 2014, we also operated a
content distribution network</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
(&#8220;CDN&#8221;)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> with a capacity of 261 Gbps in
collaboration with Akamai, Google and Yahoo. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Throughout 2014, we
continued to expand the scope of Indonesia&#8217;s Wi-Fi services by deploying
additional network access points either through internal development programs and
various forms of cooperation with third parties. As of December 2014, a total
of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">177,514 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">access points have been installed.</font></p>





<a name="_bclFooter36"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">31</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_37"></a><a name="_bclPageBorder37"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader37"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Data Center</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our subsidiary, Sigma,
manages our data center. With the support of Telkom Indonesia&#8217;s network across
Indonesia, we have developed a 54,800 m<sup>2</sup> data center to meet the
demand for cloud services and expect Sigma&#8217;s data center to reach a total
building area of 100,000 m<sup>2</sup> by 2015. With the capabilities of this
network, Sigma will be able to provide integrated data storage solutions for
many companies in Indonesia, including for those located far from the big
cities.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Transmission
Network </font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">As of 2014, our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">broadband
network serves as the backbone for our entire network in</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">frastructure</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.
Our backbone telecommunications network consists of transmission networks,
remote switching facilities and core routers, which connect a number </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">access
node</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. The transmission links between nodes and switching
facilities comprise </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">a&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> terrestrial transmission network, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">in particular</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> fiber optic, microwave and submarine cable network</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, as
well as satellite transmission networks and other transmission </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">technologies</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:5.75pt;width:98.96%;">
 <tr style="height:9.75pt;">
  <td rowspan=2 valign=bottom width=30% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Transmission Network</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=11 valign=bottom width=68% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Capacity (number of </font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">t</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">ransmission
  medium circuits)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">E1</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">STM-1</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">STM-4</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">STM-16</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">STM-64</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">STM-256</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=30% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">As of December 31,</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.15pt;">
  <td valign=bottom width=30% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 131,546&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 720&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 92&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 55&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 260&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:4.15pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.8pt;">
  <td valign=bottom width=30% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 131,303&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 736&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 100&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 58&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 337&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:7.8pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.7pt;">
  <td valign=bottom width=30% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 129,557&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 708&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 108&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 63&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 398&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:3.7pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-align:justify;text-indent:-25.1pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">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 4STM16), and STM256 (equivalent to 4 STM64). STM or
Synchronous Transfer Mode (&quot;STM&quot;) 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:70.9pt;text-align:justify;text-indent:-25.1pt;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">We
operate two satellites, namely Telkom-1 and Telkom-2. Telkom-1 has a capacity
of 36 transponders consisting of 24 Standard C-Band transponders and 12
extended C-band transponders, while Telkom-2 has a capacity of 24 C-band
transponders Standards. Both satellites are controlled from the main control
station in Cibinong - Bogor, West Java, and to ensure the continuity of
services</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> since early 2014</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, we have had</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">a backup control station in Banjarmasin
Borneo. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">In
addition to </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our Telkom-1
and Telkom-2</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">
satellites</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, we also
lease transponder capacity for </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">35&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> TPE
(transponder equivalent, @36 Mhz), comprising 9 TPE from the JSAT-5A (132 BT)
satellite,10 TPE from the Etuelsat 172A (172 BT) satellite, 8 TPE from
the&nbsp;Chinasat-10 (110 BT) satellite, </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">6&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
TPE from the&nbsp;Intelsat-8 (169 BT) satellite</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">, and 1 TPE from Koreasat (75 BT)</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Besides
operating the satellite, we also provides 161 link of IP backhaul links for
ourselves network or as well as 322 earth station with around 1.36 Gbps
capacity. Transponder capacity for this link mostly through lease transponder
capacity from other countries.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">To
maintain the continuity and developing of this business, we </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">have entered into a contract for the</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> construction of </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Telkom-3S and </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">are </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">prepar</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ing
for </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">the procurement of </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a new </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Telkom-4 </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">satellite </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">as a replacement for Telkom-1.
Telkom-3S has a 49 TPE capacity that consists of 24 TPE standard C-band, 12 TPE
Extended C-band and 13 TPE Ku-Band. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We plan for</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> Telkom-4 </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to
have</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> coverage to
India </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">ha</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ve&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> a capacity of 60 TPE consist</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ing</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">s of 24 TPE standard C-band with
coverage of Indonesia, 24 TPE standard C-band with India coverage and 12 TPE
extended C-band with coverage of Indonesia. Telkom-3S which is currently under
construction is planned to be </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">complet</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">ed&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and launched by</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> the end of 2016, while Telkom-4 is
planned to be </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">complet</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">ed at the end of 2017.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">W</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">e are </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">also </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">currently exploring the </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">various alternatives for </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">cooperation with
operators</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> for the
provision of capacity for Telkom</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> includ</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ing&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> cooperation through
long-term leases, joint development of a satellite in </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indonesia&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> slot and acquisition of satellites
in the orbit.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">TELECOMMUNICATIONS SERVICE TARIFFS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Under Law No. 36 Year 1999 and Government Regulation
No. 52 Year 2000, tariffs for operating telecommunications network and/or
services are determined by providers based on the tariff type, structure and
with respect to the price cap formula set by the Government.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Fixed line
telephone tariffs</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">The Government
has issued a new adjustment tariff formula which is stipulated in the Decree
No. 15/PER/M.KOMINFO/4/2008 dated April 30, 2008 of the Ministry of
Communication and Information (&#8220;MoCI&#8221;) concerning &#8220;Mechanism to Determine
Tariff of Basic Telephony Services Connected through Fixed Line Network&#8221;.</font></p>





<a name="_bclFooter37"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">32</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_38"></a><a name="_bclPageBorder38"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader38"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Under
the Decree, tariff structure for basic telephony services connected through
fixed line network consists of the following:</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Activation
fee</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Monthly
subscription charges</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Usage
charges</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Additional
facilities fee.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Mobile cellular
telephone tariffs</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">On
April 7, 2008, the MoCI issued Decree No. 09/PER/M.KOMINFO/04/2008 regarding &#8220;Mechanism
to Determine Tariff of Telecommunication Services Connected through Mobile
Cellular Network&#8221; which provides guidelines to determine cellular tariffs with
a formula consisting of network element cost and retail services activity cost.
This Decree replaced the previous Decree No. 12/PER/M.KOMINFO/02/2006.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Under
MoCI Decree No. 09/PER/M.KOMINFO/04/2008 dated April 7, 2008, the cellular
tariffs of operating telecommunication services connected through mobile
cellular network consist of the following:</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Basic
telephony services tariff</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Roaming
tariff, and/or</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Multimedia
services tariff,</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">with
the following traffic structure:</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Activation
fee</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Monthly
subscription charges</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Usage
charges</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Additional
facilities fee.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Interconnection
tariffs</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Based
on letter No.118/KOMINFO/DJPPI/PI.02.04/01/2014 dated January 30, 2014 of the
Director General of Post and Informatics, the Director General of Post and
Informatics decided to implement new interconnection tariff effective from
February 1, 2014 until December 31, 2016, subject to evaluation on an annual
basis. Pursuant to the Director General of Post and Informatics letter, the
Company and Telkomsel are required to submit the Reference Interconnection
Offer (&#8220;RIO&#8221;) proposal to The Indonesian Telecommunication Regulatory Body (&#8220;ITRB&#8221;)
to be evaluated. </font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">The
Indonesian Telecommunication Regulatory Body (&#8220;ITRB&#8221;), in its letter No.
262/BRTI/XII/2011 dated December 12, 2011, decided to change the basis for SMS
interconnection tariff to cost basis with a maximum tariff of Rp23 per SMS
effective from June 1, 2012, for all telecommunication operators.Subsequently,
ITRB in its letters No. 60/BRTI/III/2014 dated March 10, 2014 and No.
125/BRTI/IV/2014 dated April 24, 2014 approved Telkomsel's and the Company&#8217;s
revision of RIO regarding the interconnection tariff. Based on the letter, ITRB
also approved the changes to the SMS interconnection tariff from Rp23 to Rp24
per SMS.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Network lease
tariffs</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Through 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
Director General of Post and Telecommunication issued its Letter No. 115 Year
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;, is in conformity with the Company&#8217;s proposal.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Tariff for other
services</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">The tariffs for
satellite lease, telephony services, and other multimedia 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="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter38"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">33</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_39"></a><a name="_bclPageBorder39"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader39"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">DISTRIBUTION
AND MARKETING STRATEGY</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following are
the primary distribution marketing channels for our products and services:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Plasa Telkom
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">and </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">GraPARI </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are o</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">utlets
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">that </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">function as walk-in customer service points</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, where </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">customers
have access to the full range of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telkom&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telkomsel&#8217;s
respective </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">products and services,
including billing, payment, subscription cancellation</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
promotion to complaint handling. As of December 31, 2014, we </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">managed </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">572 Plasa Telkom outlets </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">88 GraPARI</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> outlets</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
in Indonesia</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">1 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Gra</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">P</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ARI&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> in
Hong Kong</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, and had an additional 321
GraPARI outlets which were managed by thirdparty business partners</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Several of the Gra</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">P</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ARI outlets
operate on a 24 hour basis. We also operate</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 268 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">mobile GraPARI outlets which are sales points located
in vehicles which can travel to reach customers across the country.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Contact centers </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are call centers that support our customers&#8217; ability
to access certain of our products and services, including make billing
enquiries, submit complaints, and access certain promotions and service
features. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We operate 24-hour contact center facilities in five
cities, namely Medan, Jakarta, Bandung, Makassar and Surabaya.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Inbound calls to our contact centers have generally
been decreasing due to changes in methods used by the customers in seeking out
product information, subscribing or submitting complaints, from voice calls to
online requests on our websites.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Partnership Stores</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 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="margin-bottom:.0001pt;margin-left:21.3pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">To boost sales, we also address above and below the
line marketing channels, by promoting</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> our services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> to certain parties
and communities. We also continue to place advertisement in printed and
electronic media and implement marketing methods such as point of sales
broadcasting as well as promotion and sponsorship events.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In line with shifting consumer behavior and
lifestyles, we have also actively developed national scale partnerships with
several partners such as Intel and Bank BTN. Through the partnership, we sell
bundle-based products at our partners&#8217; sales outlets.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Feet on </font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">The </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Street
</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are sales agents that conduct direct
marketing of our products, particularly for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">IndiHome&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> products</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,
through door-to-door sales, open table</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> discussions</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, exhibitions,
product demonstrations, and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">other
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">similar activities</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Authorized dealers and retail
outlets</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> are distribution outlets for
a variety of telecommunication products such as prepaid Wi-Fi access cards,
starter packs, prepaid SIM cards and top-up vouchers. These dealers are
non-exclusive, and they receive a discount on all of the products they receive</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Retail
outlets also include outlets jointly operated by us, Telkomsel and PT Pos
Indonesia, as well as other outlets such as banks</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">6.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Account Management Teams</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> are teams that manage relationships with our
individual, business and corporate customers</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We also
provide a Tele Account Manager service to support customers or prospective
business customers through inbound and outbound calls for pre-sales, sales and
other customer services requirements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telkom Solution House</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are
places where an enterprise customer can obtain information on a variety of
TIMES solutions, products and services, and the latest technology. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">At Telkom Solution Houses, we provide </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">free live demonstrations (such as IndiHome, Hotspot,
PDN, IP-Phone), live demonstrations for commercial </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">products </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(such
as video conferencing), enterprise consultation and ecosystem business
solutions for customized TIMES for corporations and simulated demonstrations
(such as e-Payment and VPN over GSM</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
and Flexi</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">8.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SME Center</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-
these centers function as a communication center supported with advanced office
facilities, a community center where our customers can interact and a commerce
center specifically for e-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ommerce solutions</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">9.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Website&nbsp;</font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> - our website, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">www</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.telkom.co.id and
www.telkomsel.com enables customers to access certain of our products and
services. Available services include e-billing registration, collective billing
registration and submission of complaints. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">10.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;
</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Social Media </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-&nbsp;</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> </font></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">we use social media, primarily Facebook and
Twitter, to enable the customers to interact with us regarding our products and
services.</font></p>

<p style="margin-bottom:0in;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face=Calibri,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter39"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">34</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_40"></a><a name="_bclPageBorder40"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader40"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Marketing Strategy</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">We implement </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a &#8220;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">paradox
marketing</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8221;&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> framework in managing </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">mark</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">ting as illustrated </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">i</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">n
following diagram:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><img alt="paradox marketing" border=0 height=295 id="Picture1" src="x15040216512000.jpg" width=369>&nbsp;</p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In our
implementation of the &#8220;paradox marketing&#8221; framework as illustrated
above, the &#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ore for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">L</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ess&#8221; concept is based on the value preposition of the
products and services we offer to customers, with the aim that customers can
acquire more relevant benefits at a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">lower&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> price</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
compare to our competitors</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, with mass
customization that is in line with customers&#8217; requirements for our product and services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In the consumer segment,
for example, and particularly in the Home segment, our Indi</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">H</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ome service
has been developed as one of our innovations for customers. Indi</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">H</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ome is
an integrated TIMES service that incorporates internet broadband access,
telephony, IPTV (under the USeeTV brand) and home automation services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have
implemented a comprehensive marketing strategy to bolster our brand and to
boost sales as well, including through marketing communication activities and
product and service distribution channel development. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Plasa Telkom
outlet </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">is&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> one of our principal distribution channels for our
products and services, in addition to other service distribution networks.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;text-transform:uppercase;">Licensing </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;text-transform:uppercase;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Following the
issuance of MoCI Regulation No.01/PER/M.KOMINFO/01/2010 (&#8220;MoCI Decree
No.01/2010&#8221;) dated January</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> 25,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> 2010 concerning the Provision of
Telecommunication Network, we were required to adjust our telecommunications </font><font face=Times lang=EN-US style="font-size:10.0pt;">license to provide telecommunications </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">services. We
have secured new licenses that have been adjusted as required, of which are as
follows: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Fixed Network
and Basic Telephony Services</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">MoCI
Decree No.381/KEP/M.KOMINFO/10/2010 dated October </font><font face="times new roman" lang=IN style="font-size:10.0pt;">28, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2010 on the
License of Operating Local Fixed </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Line&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> and Basic Telephony Services </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Network </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">of PT
Telekomunikasi Indonesia Tbk;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">MoCI
Decree No.382/KEP/M.KOMINFO/10/2010 dated October </font><font face="times new roman" lang=IN style="font-size:10.0pt;">28, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2010 on the
License of Operating Fixed Domestic Long Distance and Basic Telephony </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Service Network
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">of
PT Telekomunikasi Indonesia Tbk;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">MoCI
Decree No.383/KEP/M.KOMINFO/10/2010 dated October </font><font face="times new roman" lang=IN style="font-size:10.0pt;">28, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2010 on the
License of Operating Fixed International and Basic Telephony Services </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Network </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">of PT
Telekomunikasi Indonesia Tbk; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">MoCI
Decree No.398/KEP/M.KOMINFO/11/2010 dated </font><font face="times new roman" lang=IN style="font-size:10.0pt;">November 12, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2010 on the
License of Operating Fixed Closed Network of PT Telekomunikasi Indonesia Tbk.</font></p>





<a name="_bclFooter40"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">35</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_41"></a><a name="_bclPageBorder41"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader41"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Cellular&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">Telkomsel
holds licenses to operate a nationwide mobile cellular telephone network using
7.5 MHz of radio frequency bandwidth in the 900 MHz band, 22.5 MHz of radio
frequency bandwidth in the 1</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="times new roman" lang=IN style="font-size:10.0pt;">8 </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">G</font><font face="times new roman" lang=IN style="font-size:10.0pt;">Hz band and 15 MHz of radio
frequency bandwidth in the 2</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="times new roman" lang=IN style="font-size:10.0pt;">1 </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">G</font><font face="times new roman" lang=IN style="font-size:10.0pt;">Hz band</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> The
license</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> do not
have a set expiry date, but will be evaluated every five years. </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Telkomsel also
holds </font><font face="times new roman" lang=IN style="font-size:10.0pt;">licenses&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> from the</font><font face="times new roman" lang=IN style="font-size:10.0pt;">
Indonesian Investment Coordinating Board</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> that permits</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> Telkomsel to
develop cellular services with national coverage, including t</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">he&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;">
expansion</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
of</font><font face="times new roman" lang=IN style="font-size:10.0pt;">
its network capacity. In addition, Telkomsel holds permits and licenses from
and registrations with certain regional governments and/or governmental
agencies, primarily in connection with its operations in such regions, the
properties it owns and/or the construction and use of </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">its BTS</font><font face="times new roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In connection with the transfer of the
Flexi business to Telkomsel, in September 2014, the M</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CI, through Decree
No. 934 of 2014, approved Telkomsel </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">to&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> use
the radio frequency spectrum from the time the decision letter was issued. During the
transition period, Company is still able to use the radio frequency spectrum of 880-887.5 MHz
paired with 925-932.5 MHz until December 14, 2015. The reallocation is expected to
take place after we terminate our Flexi service on the earlier of December 31,
2015 or the migration of our Flexi customers to Telkomsel.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">International
Calls</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We </font><font face=Times lang=EN-US style="font-size:10.0pt;">commenced our</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> 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/</font><font face="times new roman" lang=IN style="font-size:10.0pt;">KEP/M.KOMINFO/10</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">/2010. The
license does not have a set expiry date, but it will be evaluated in 2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We
have a license to operate a fixed closed 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 to, among others</font><font face="times new roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
telecommunication network and service operators, and to provide an
international telecommunication transmission facility through a SCCS directly
to Indonesia for overseas telecommunication operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">According
to MoCI Decree No.16/PER/M.KOMINFO/9/2005 dated October</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> 6,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> 2005 concerning
Provision of International Telecommunications Transmission Facilities through
SCCS, overseas telecommunications operators wishing to provide 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">On
March 2, 2010, the MoCI issued Decree No.75/KEP/M.KOMINFO/03/2010 granting our
subsidiary, TII, a license to operate a closed fixed line network which enables
TII to provide international infrastructure services. Separately, TII secured
landing rights in Indonesia from the DGPT to provide international
telecommunications transmission facilities through SCCS.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">VoIP &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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 face="times new roman" lang=IN style="font-size:10.0pt;">29, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2010 on VoIP
services. This license does not have a set expiry date, but it will be
evaluated every five years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">Telkomsel
is also licensed to provide public </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">VoIP </font><font face="times new roman" lang=IN style="font-size:10.0pt;">services based
on DGPT Decree No.</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">65
of 2015 dated February 3, 2015</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> regarding the provision of ITKP
services. This license does not have a set expiry date, but it will be
evaluated every five years by the Government.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">ISP&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We
are licensed as an ISP under DGPI Decree No.83/KEP/DJPPI/KOMINFO/4/2011 dated
April</font><font face="times new roman" lang=IN style="font-size:10.0pt;">
7,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
2011, as amended by Director General of Post and Informatics Operations Decree
No. 302 0f 2013. This license does not have a set expiry date, but it will be
evaluated every five years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">Telkomsel
is also licensed to provide multimedia </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">i</font><font face="times new roman" lang=IN style="font-size:10.0pt;">nternet </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">a</font><font face="times new roman" lang=IN style="font-size:10.0pt;">ccess </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">s</font><font face="times new roman" lang=IN style="font-size:10.0pt;">ervices with
nation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=IN style="font-size:10.0pt;">wide
coverage under DGPT Decree No.213/DIRJEN/2010. This license does not have a set
expiry date, but it will be evaluated </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">annually, with a comprehensive
evaluation </font><font face="times new roman" lang=IN style="font-size:10.0pt;">every
five years.</font></p>





<a name="_bclFooter41"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">36</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_42"></a><a name="_bclPageBorder42"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader42"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">F.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Internet
Interconnection Service</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We hold
a license to provide internet interconnection services by referring to MoCI Decree
No.331</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/KEP/M.KOMINFO/09/2013 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">dated on September 24, 2013 regarding
the license for Internet Interconnection Service </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(Network Access
Point) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">G.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">BWA&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">In
July 2009, we won </font><font face="times new roman" lang=IN style="font-size:10.0pt;">a </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">tender for a wireless broadband access license and
the right to provide BWA services in 12 zones, comprising </font><font face="times new roman" lang=IN style="font-size:10.0pt;">eight </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">zones on 3.3 GHz
(North Sumatra, South Sumatra, Central Sumatra, West Kalimantan, East
Kalimantan, West Java, JABODETABEK and Banten) and </font><font face="times new roman" lang=IN style="font-size:10.0pt;">five&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> zones on 2.3
GHz (Central Java, East Java, Papua, Maluku, and the northern part of
Sulawesi).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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, as last amended by MoCI Decree No</font><font face="times new roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
325/KEP/M.KOMINFO/05/2012. Due to 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Becoming
a wireless broadband 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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">In
July 2011, we are licensed to operate packet switched based on local fixed
network by referring to MoCI Decree No.331/KEP/M.KOMINFO/07/2011 dated July 27,
2011 on the License of Operating Packet Switched Based Local Fixed L</font><font face="times new roman" lang=IN style="font-size:10.0pt;">ine&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> Network of PT
Telekomunikasi Indonesia Tbk. This license does not have a set expiry date, but
it will be evaluated annually, with a comprehensive evaluation every five
years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">H.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Data
Communication System (&#8220;SISKOMDAT&#8221;)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We
provide
SISKOMDAT
services
under
DGPI Decree No.169/KEP/DJPPI/KOMINFO/6/2011
dated
June
6, 2011 regarding License
for Data
Communications
Systems
Services Operation for </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Telkom</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">. This license
does not have a set expiry date but will be thoroughly evaluated every five
years.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">I.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Payment
Method Using e-Money</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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;. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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 face="times new roman" lang=EN-US style="font-size:10.0pt;">Tunai&nbsp;</font></i><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> prepaid card.</font></p>





<a name="_bclFooter42"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">37</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_43"></a><a name="_bclPageBorder43"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader43"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face=Times lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">J.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Remittance
Service</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Based on a
license from Bank Indonesia No.11/23/Bd/8, dated August 5, 2009</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> and
No.12/48/DASP/13</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">,
we </font><font face="times new roman" lang=IN style="font-size:10.0pt;">and
Telkomsel </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">may
operate as a money transfer services provider.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=IN style="font-size:10.0pt;">K.</font></b><b><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">IPTV&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">On April 27,
2011, we and TelkomVision together obtained a license to operate IPTV services
through the MoCI Decree No.MCIT.160/KEP/M.KOMINFO/04/2011 regarding the Telkom
and TelkomVision IPTV Service Consortium Agreement. In accordance with
Regulation 15 </font><font face="times new roman" lang=IN style="font-size:10.0pt;">y</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">ear 2014 on
Amendment of MCIT </font><font face="times new roman" lang=IN style="font-size:10.0pt;">Decree&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> No.11/PER/M.KOMINFO/07/2010 regarding
the Implementation Services Internet Protocol Television (&quot;IPTV&quot;),
that the IPTV service can be applied nationally.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=IN style="font-size:10.0pt;">L.</font></b><b><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Construction
Services Business License (&#8220;IUJK&#8221;)</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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><font face="times new roman" lang=IN style="font-size:10.0pt;"> We are in the process of renewing this
license.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;text-transform:uppercase;">Trademarks, Copyrights, Industrial Designs and Patents</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We
constantly seek to 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, including trademarks, copyrights, industrial design and patents with
the Directorate General of Intellectual Property Rights </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(&quot;Ditjen HKI&quot;)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> at the Ministry of Law and Human Rights of the Republic of Indonesia. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
following table lists the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">trademark
submitted for the application registration for the period of 2013 and 2014:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:5.4pt;width:98.04%;">
 <tr>
  <td valign=top width=3% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">No</font></b></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=57% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Title</font></b></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Application No.</font></b></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Application Date</font></b></p>
  </td>
 </tr>
<tr style="height:8.9pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">1</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">IndiHome</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">J002014043700</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:8.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">September 25,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2014</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">t-mone</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">y&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">J00201402860</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">June</font><font face="Times New Roman" style="font-size:9.0pt;"> 23,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2014</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">3</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Bos Toko</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">J002014028602</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">June</font><font face="Times New Roman" style="font-size:9.0pt;"> 23, </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">4</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Telkom Indonesia</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002014028603</font></p>
  </td>
 <td valign=bottom width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">June </font><font face="Times New Roman" style="font-size:9.0pt;">23, </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">5</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Telkom Indonesia
  (with tag line &#8220;the world in your hand&#8221;)</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002014028604</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">June</font><font face="Times New Roman" style="font-size:9.0pt;"> 23, </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">6</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Delima (new logo)</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002014028605</font></p>
  </td>
 <td valign=bottom width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">June</font><font face="Times New Roman" style="font-size:9.0pt;"> 23,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2014</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">7</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">U </font><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;">See Zone</font></i></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002013014812</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">April</font><font face="Times New Roman" style="font-size:9.0pt;"> 2,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2013</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">8</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">UTV</font></p>
  </td>
 <td valign=top width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002013014813</font></p>
  </td>
 <td valign=bottom width=2% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">April</font><font face="Times New Roman" style="font-size:9.0pt;"> 2,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2013</font></p>
  </td>
 </tr>
<tr style="height:3.5pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">9</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">U </font><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Zone&nbsp;</font></i></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002013014814</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:3.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">April</font><font face="Times New Roman" style="font-size:9.0pt;"> 2,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2013</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=3% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">10</font></p>
  </td>
 <td valign=top width=2% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">U</font></p>
  </td>
 <td valign=top width=2% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">J002013014815</font></p>
  </td>
 <td valign=bottom width=2% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="height:13.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">April</font><font face="Times New Roman" style="font-size:9.0pt;"> 2,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2013</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=3% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">11</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=57% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">U meet me</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">J0020130</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">22833&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#d3dfee;height:11.25pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">May</font><font face="Times New Roman" style="font-size:9.0pt;"> 16,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 2013</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
following table lists </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">of
registration letter of copyrights accepted for the period of 2014:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:5.4pt;width:99.02%;">
 <tr>
  <td valign=bottom width=3% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">No</font></b></p>
  </td>
 <td valign=bottom width=2% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=28% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;text-indent:-4.8pt;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Innovation
  Title</font></b></p>
  </td>
 <td valign=bottom width=2% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Application No.</font></b></p>
  </td>
 <td valign=bottom width=2% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=15% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Application Date</font></b></p>
  </td>
 <td valign=bottom width=2% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Registration Date</font></b></p>
  </td>
 <td valign=bottom width=2% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="border-bottom:solid #4f81bd 1.0pt;border-top:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Innovation Number</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=3% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&#8220;Super Resolution in Speedy Monitoring&#8221; Computer
  Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201400479</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 5, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 17, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">67906</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> &#8220;</font><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Monitoring Penerimaan Pendapatan Tunai</font></i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;
  Computer Program</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201400480</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 5, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 17, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">67907</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=3% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> &#8220;</font><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Kesehatan Ibu dan Anak (KIA) Online</font></i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;
  Computer Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201400481</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 5, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 17, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">67908</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> &#8220;Upoint&#8221; Computer Program</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201400482</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 5, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 17, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">67909</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=3% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">5</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=28% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> &#8220;Wifi.id finder&#8221; Computer Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201400483</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 14, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">March 14, 2014</font></p>
  </td>
 <td valign=bottom width=2% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#d3dfee;border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">67827</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter43"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">38</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_44"></a><a name="_bclPageBorder44"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader44"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
following table lists the copyrights that have been registered by us </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in 2013 and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:5.4pt;width:99.84%;">
 <tr>
  <td valign=bottom width=4% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">No</font></b></p>
   </td>
 <td valign=bottom width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=28% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Innovation Title</font></b></p>
   </td>
 <td valign=bottom width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Type of Intellectual Property Rights</font></b></p>
   </td>
 <td valign=bottom width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Application No.</font></b></p>
   </td>
 <td valign=bottom width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Application Date</font></b></p>
   </td>
 <td valign=bottom width=2% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=12% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Registration Date</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">New Indihome</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">C00201403674</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">September 25, 2014</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Telkom</font><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> Game Center</font></i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Application&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201300509</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7, </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">ART Promo</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> Application</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201300510</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7, </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Telkom </font><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Store</font></i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Application&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201300511</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7, </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">5</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Qonnect</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> Application</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201300512</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7, </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">6</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Telkom SNS Hub Client</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201300513</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7, </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">7</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">U See Zone</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201301288</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">April</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 2,
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">8</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">U Zone</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201301289</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">April</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 2,
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">9</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">U</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201301290</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">April</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 2,
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">10</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">U TV</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201301291</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">April</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 2,
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">11</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Firmware Telkom Homegateaway</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Computer Program</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201301292</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">April</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 2,
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2013&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="background:#d3dfee;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=4% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 <td valign=top width=28% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Indi Home</font></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Logo</font></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">C00201305330</font></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">De</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">c</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">ember&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;"> 3,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> 2013</font></p>
  </td>
 <td valign=top width=2% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;vertical-align:middle;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid #4f81bd 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;vertical-align:middle;"><i><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></i></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We
did not</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> submit or register </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">any patents in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2013 and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;text-transform:uppercase;">Telecommunications
Industry in Indonesia</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Ever since the change on telecommunication sector management scheme </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">was </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">implemented
by the Government, from monopoly to competition scheme under Law No. 36 of 1999
on Telecommunication, Indonesian telecommunication industry indicated a rapid
growth. The growth is </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">further </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">also accelerated by the advancement in
communication technology which occupies radio frequency spectrum as an
alternative on means of telecommunication which previously relied on wired and
satellite networks. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">There are several factors or conditions which support prospect of telecommunication industry growth
in Indonesia, such as:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesia's demographics,
with the fourth largest population in the world and a fast growing middle class
segment, as well as Indonesia's economy that has shown stable and respectable
growth in recent years, are expected to drive further demands for
telecommunication and data services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Relatively low internet
penetration compared with other countries in the region, while, the society is
more exposed by digital lifestyle globalization and mostly rapid growth on
smartphone occupation with more affordable price or high traffic on social
media, are expected to boost mobile internet service growth. We believe that
the growth of mobile internet service will sustain in line with increasing
popularity of smartphone, tablet as well as other mobile devices with internet
access features, faster wireless network data transmission and growing trend of
smart devices and affordable internet service trends</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The increasingly open and
significant competition among telecommunication operators, which is expected to
result in improved service quality, higher industry efficiency, and innovations
in new products and services, which will growth in Indonesia's
telecommunication industry. The consolidation of the telecommunications
industry resulting from the recent merger of XL and Axiata has led to a
reduction in the number of major competitors operating in the industry. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">Competition</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;text-transform:uppercase;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Competition Law</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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, the 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 face="Times New Roman" lang=IN style="font-size:10.0pt;">of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>





<a name="_bclFooter44"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">39</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_45"></a><a name="_bclPageBorder45"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader45"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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, which will result 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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed </font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Wirel</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ine, Fixed Broadband an</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">d </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DLD&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We compete against other fixed line service providers
such as Indosat, PT Bakrie Telecom Tbk. (formerly Ratelindo) and PT Batam
Bintan Telecom in certain areas. However, traditional fixed line services have
faced and will continue to increasingly face competition from cellular
services, particularly as cellular tariffs decrease, and from other alternate
services such as fixed wireless, SMS, VoIP and e-mail services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We compete against other major fixed broadband service providers
such as PT First Media Tbk and PT Supra Primatama Nusantara (BizNet Networks)
as well as a new and upcoming competitor, PT&nbsp;Media Nusantara Citra.We
expect to face increasing competition especially in key parts of the big cities
in the future. Nonetheless, we expect demand for fixed broadband services to
rise as a result of the growing middle class and changing consumer trends.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cellular&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We operate our cellular service business
through our majority-owned subsidiary, Telkomsel. As of December 31, 2014,
Indonesia&#8217;s cellular market is dominated by Telkomsel, Indosat and XL Axiata,
which collectively account for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">97.5</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of the full-mobility cellular market. Other
providers include Hutchison, Smart Telecom and Bakrie Telecom. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">There were approximately</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 270 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">million mobile cellular subscribers in Indonesia as of
December 31, 2014, a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">12.9 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">% </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">de</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">crease from
approximately</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 310 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">million
as of December 31, 2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We believe that Telkomsel competes effectively in the
Indonesian cellular market on the basis of price, coverage, service quality and value added
services. As of December 31, 2014, Telkomsel remained the largest national
licensed provider of mobile cellular services in Indonesia, with approximately
140.6 million cellular subscribers and a market share of</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 52.1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">% </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of the full-mobility cellular
market. The second and the third largest providers were Indosat and XL </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">A</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">xiata,
which have a market share of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">23.3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">% </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 22.1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">% respectively, based on the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">estimated&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> number
of subscribers as of December 31, 2014. In addition to the nationwide GSM operators, a number
of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">smaller&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> regional GSM, analog and CDMA fixed wireless
providers operate in Indonesia</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The following table sets out information as of
December 31, 2014 for each of the three leading cellular providers with
national coverage:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;margin-left:.25in;width:96.66%;">
 <tr style="height:4.0pt;">
  <td valign=bottom width=43% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><sup><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=5 valign=bottom width=56% style="border-bottom:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Operator</font></b></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Telkomsel</font></b></p>
  </td>
 <td valign=top width=1% style="border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Indosat</font></b></p>
  </td>
 <td valign=bottom width=1% style="border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">XL Axiata</font></b></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="background:#c6d9f1;border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Launch date</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-top:solid windowtext 1.0pt;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">May-1995</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Nov-1994<sup>(2)</sup></font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Oct-1996</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">2G </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">and 4G </font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">Licensed frequency bandwidth (GSM 900 </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">MHz</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">7.5</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;"> MHz</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">10</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;"> MHz</font></p>
  </td>
 <td width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">7.5</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;"> MHz</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">2G Licensed
  frequency bandwidth (GSM 1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">.</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">8 </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">G</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">Hz)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">22.5 MHz</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">20</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;"> MHz</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">22.5</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;"> MHz</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">3G Licensed frequency
  bandwidth (2</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">.</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">1 </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">G</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">Hz)&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">15</font><font face="Times New Roman" lang=FI style="font-size:9.0pt;">MHz&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">10 MHz</font></p>
  </td>
 <td width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=FI style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">15 </font><font face="Times New Roman" lang=FI style="font-size:9.0pt;">MHz&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">Market share<sup>(1)</sup></font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:2.25pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 52.1</font><font face="Times New Roman" style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:2.2pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">23.3</font><font face="Times New Roman" style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 <td width=1% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="background:#c6d9f1;height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:6.2pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">22.1</font><font face="Times New Roman" style="font-size:9.0pt;">%&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.0pt;">
  <td valign=bottom width=43% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=FI style="font-size:9.0pt;">Subscribers<sup>(1)</sup></font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> 140.6 </font><font face="Times New Roman" style="font-size:9.0pt;">million&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">63.0 </font><font face="Times New Roman" style="font-size:9.0pt;">million&nbsp;</font></p>
  </td>
 <td width=1% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=18% style="height:4.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">59.6</font><font face="Times New Roman" style="font-size:9.0pt;"> million</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-GB style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">(1)&#160;&#160; Internal estimate, dated December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">2014&nbsp;</font><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">
based on various statistics compiled by us.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;">(2)&#160;&#160; In November 2003, Indosat and
Satelindo merged and Indosat took over Satelindo&#8217;s cellular operations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Hutchison also provides cellular services in Indonesia
and has been allocated frequency spectrum of 20 MHz.</font></p>





<a name="_bclFooter45"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">40</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_46"></a><a name="_bclPageBorder46"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader46"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IDD&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We compete in traditional IDD services
(non-VoIP) in Indonesia primarily with Indosat, as well as Bakrie Telecom. IDD
also faces competition with VoIP and other internet-based voice services like
Skype and Google Talk.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VoIP&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;"> using</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> computers or smartphones.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VoIP operators compete primarily on the basis of price
and service quality. VoIP operators, including us, offer budget calls and other
products such as prepaid calling cards aimed at price sensitive users. We
currently offer our primary VoIP service &#8220;Telkom Global-01017&#8221; and the
lower-cost alternative &#8220;TelkomSave&#8221;. TelkomSave offers discounted rates for
certain countries to which there is heavy traffic from Indonesia while offering
regular VoIP tariff rates for other countries. In addition to other VoIP
operators, we also compete with internet-based voice services likes Skype and
Google Talk. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Satellite &nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">The Asia-Pacific region and especially Southeast Asia
continues to need satellites for both telecommunications and broadcasting
infrastructure. This need is driven by the high demand from services such as cellular
backhaul</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">, </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">broadband backhaul</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">,
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">enterprise network</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">, </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">OUTV
(Occasional Usage TV)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">, </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">military and goverment network</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">,
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">video distribution, DTH television</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">,
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">flight </font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">c</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">ommunication&nbsp;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">
and </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">disaster recovery.</font></p>

<p style="margin-bottom:0in;margin-left:21.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-21.25pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Supply transponders in Southeast Asia at this time could only
meet 75% of the existing demand. Some operators are in the process of
development of a satellite in orbit slot position and coverage of Southeast
Asia such as: satellite MEASAT-3B </font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">(91.8<sup> o</sup>BT)</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">, Telkom-4 (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">108<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), satellite SES-9 (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">108.2<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), Telkom-3S (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">118<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), satellite THAICOM-7 (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">119<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), satellite APSTAR-9 (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">142<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), satellite PSN-VI (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">146<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">), and BRI SAT (</font><font color=windowtext face=Gotham-Book lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">150.5<sup>o</sup>BT</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">). In 2019, an estimated supply will approach the demand, but
it still remains lacking.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">There are 18 satellite operators with satellites covering
Southeast Asia:</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">SES Global (Luxembourg)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Eutelsat Asia (France)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">APT Satellite (Hong Kong)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">AsiaSat (Hong Kong)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">5.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">JSAT (Japan)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">6.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">MEASAT (Malaysia)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">7.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">MCI &#8211; Media Citra Indostar (Indonesia)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">8.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Indosat (Indonesia)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">9.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">VinaSat (Vietnam)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">10.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">SingTel/Optus (Singapore)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">11.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Telkom (Indonesia)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">12.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">ChinaSat (China)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">13.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Mabuhay (Philippines)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">14.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Thaicom (Thailand)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">15.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">ABS (Hong Kong)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">16.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Lippo Star (Indonesia)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">17.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Intelsat (US)</font></p>

<p style="margin-bottom:0in;margin-left:35.3pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-17.3pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">18.</font><font color=windowtext face="times new roman" lang=IN style="font-size:7.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;&nbsp;
</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Telesat (Canada)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:12.0pt;">Satellite
service delivery essentially consists of a satellite transponder leasing to the
broadcaster, VSAT service provider backhaul, enterprise networks and military
networks. In the provision of transponder, the competition was not relatively
high, which contained the competition is on VSAT service providers. This
condition generally causes the satellite transponder market prices remained
stable. The big difference in price </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;line-height:12.0pt;">was </font><font color=windowtext face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:12.0pt;">caused by the quality of power.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>





<a name="_bclFooter46"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">41</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_47"></a><a name="_bclPageBorder47"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader47"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Viewing the market opportunities and
limitations of satellite transponder, we developed a satellite business with
build Telkom-3S </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(substitute) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and Telkom-4. Currently</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Telkom-3S is
in the process of manufacturing with the RFS targets by the end of 2016, while
Telkom-4 is in the process of planning. Telkom-4 as a substitute for Telkom-1
satellite in orbit slot 108<sup>o</sup>BT will be used to maintain the
continuity of existing services. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">For
the</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> service expansion in the
international market, we conduct development of beam to India with </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">capacity
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">of 24 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">TPE C-Band through Telkom-4.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The current trend in the satellite business is the
development of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">roadband </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">atellite. As the bandwidths in the C-Band and
Ku-Band frequencies are fully utilized, utilization of the Ka-Band frequencies</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> will</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
become an option. The technology for Ka-Band frequencies ha</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> been
progressing rapidly in the last decade. Broadband satellite utilizes Ka-Band
frequencies with a use configuration, resulting in capacities of up to 100
Gbps. Currently, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">we are</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> engaged in design and demand studies for
broadband satellite</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">F.</font></b><b><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">BTS&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As of December 31, 2014, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">w</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e operate</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">d 85,420 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">BTS
located throughout Indonesia. Through our subsidiary, Dayamitra, 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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Tbk</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">G.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Others&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 resulting in intense competition, particularly in terms of
price, range of services offered, quality and network coverage, as well as
customer service quality. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Legal Basis and
Regulation</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The framework for the telecommunications industry
comprises specific laws, government regulations, ministerial regulations and
ministerial decrees which are 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 face="Times New Roman" lang=IN style="font-size:10.0pt;"> which</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> was intended to:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increase&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> the telecommunication sector&#8217;s performance in the era
of globalization;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">liberalize&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> the sector with a competitive structure by removing
monopolistic controls;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increase&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> transparency and predictability of the regulatory
framework;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">create&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> opportunities for national telecommunications
operators to form strategic alliances with foreign partners;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">create&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> business opportunities for small and medium
enterprises; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">facilitate&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> new job opportunities.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunications Law</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The telecommunications sector is primarily governed by
Law No.36 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">year </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Telecommunications Law eliminated the concept of
&#8220;organizing entities&#8221; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">thereby </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ending </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our
and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indosat&#8217;s responsibility for
coordinating domestic and international telecommunications services. To enhance
competition, the Telecommunications Law prohibits monopolistic practices and
unfair competition among telecommunications operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Telecommunications Law </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">was&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> implemented
through several Government Regulations, Ministerial Regulations and Ministerial
Decree</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. The most important of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">such&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> regulations
include:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Government Regulation No.52/2000
regarding Telecommunications Services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation
No.1/PER/M.KOMINFO/01/2010 dated January 25, 2010 regarding Operation of
Telecommunications Networks</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">MoC&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Decree No.KM.21/2001 regarding the Provision of
Telecommunications Services that was most recently amended </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">by&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> MoCI
Regulation No.8</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2015 regarding the Fourth Amendment of Decree of the
Minister of Communication No.KM.21/2001 regarding the Provision of
Telecommunications Services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoC Decree No.33/2004 regarding
Supervision of Healthy Competition in the Provision of Fixed Network and Basic
Telephony Services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">;&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 Decree No.KM.4/2001 regarding the Determination of
Fundamental Technical Plan National 2000 for National Telecommunications
Development. </font></p>





<a name="_bclFooter47"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">42</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_48"></a><a name="_bclPageBorder48"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader48"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunications
Regulators</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of Communication and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Information&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
sets policies, regulates, supervises and controls the telecommunications
industry in Indonesia. On October 28, 2010, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">MoCI engaged in certain organizational and
administrative reforms that include transferring </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">licensing and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regulatory
authority</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> to two newly established
general directorates, the Directorate General of Posts and Informatics
Resources and Equipment (&#8220;DGRE&#8221;) and the Directorate General of Post and
Informatics (&#8220;DGPI&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">pursuant to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.17/PER/M.KOMINFO/10/2010 regarding
the Organization and Administration of Ministry of Communication and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Information</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.
Following the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">reforms</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">certain&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> adjustments were made through MoCI Regulation
No.15/PER/M.KOMINFO/06/2011 dated June 20, 2011 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 relating to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">post</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">al&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and
telecommunications sector</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> to the DGPI including licensing, numbering,
interconnection, universal service obligation</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> business
competition. Meanwhile, matters relating to radio frequency spectrum and
standardization of telecommunications equipment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> were
transferred to the DGRE.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">by&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> MoC Regulation No.KM.36/PER/M.KOMINFO/10/2008 dated
October 31, 2008 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> amended </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">by&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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 face="Times New Roman" lang=IN style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ITRA </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">was&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> assigned the authority to regulate the Indonesian
telecommunication industry</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,
including the provision of telecommunication networks and services. The </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ITRA is chaired by the Director General of Post and
Informatics Operations and comprises nine members which</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> includ</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">es six </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">members of the public and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">three members selected from Government institutions
(DGRE and Director of DGPI and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">a&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> government representative appointed by MoCI). </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Other regulatory</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
functions</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of the ITRA include</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">licensing of</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> telecommunication networks and services;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">implementation of
operational and service quality</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
standards;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">governance of
interconnection</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> charges;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regulating telecommunication
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">equipment standards</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">settlement of disputes
between network operators and service providers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Finally, oversight authority of the ITRA covers</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:justify;text-indent:-17.0pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">operating&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> performance;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:justify;text-indent:-17.0pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">competition; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:35.0pt;text-align:justify;text-indent:-17.0pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">utilization of telecommunication
equipments.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Classification and
Licensing of Telecommunications Providers</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunications
Law organize</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">d&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> telecommunication</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> into
the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">following </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">three categories</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, (1) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">provision of
telecommunication network</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s, (2) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">provision of telecommunication services; and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(3) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">provision
of special telecommunications</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Licenses issued by MoCI are required for each category
of telecommunications </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. MoCI Regulation No.1/2010 and MoC Decree
No.KM.21/2001 dated May 31, 2001 regarding the Operation of Telecommunications
Services</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as last amended </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">by&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> MoCI Regulation No.8</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/2015&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
regarding the Fourth Amendment of Decree of the Minister of Communication
No.KM.21</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2001 regarding the Provision of Telecommunications
Service, are the principal implementing regulations governing licensing.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.1/2010 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">classified&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
network operations into fixed and mobile networks. MoC Decree No.KM.21/2001 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">categorized&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
the provision of services into basic telephony services value-added telephony
services, and multimedia services. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Introduction of Competition
in the Indonesian Telecommunications Industry</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 the provision of basic international
telecommunications services until 2004.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As a consequence of the Telecommunications Law, the
Government terminated our exclusive rights to provide </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">domestic&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> fixed line
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">telephone&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and DLD services as well as Indosat</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8217;s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and
Satelindo</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8217;s duopoly rights </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to provide basic international </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">telephone&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
services. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Instead</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, the Government adopted a duopoly policy to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">create </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">competition
between Indosat and us as comprehensive service and network provider</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>





<a name="_bclFooter48"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">43</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_49"></a><a name="_bclPageBorder49"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader49"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DLD Services </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 code 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 face="Times New Roman" lang=IN style="font-size:10.0pt;">three </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">digit access code for DLD calls throughout all the
area code in Indonesia until September 27, 2011.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">that&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> date, our customers were</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> able </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to make
DLD calls from Balikpapan by first dialing </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Indosat&#8217;s </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8220;011&#8221;.
As stipulated in MoCI Regulation No.43/2007, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">we have</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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 face="Times New Roman" lang=IN style="font-size:10.0pt;">or&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> other
licensed operator starting September 27, 2011. To date, no other licensed
operator</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s have submitted</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> a request to us to connect their networks </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">enable
DLD access. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">F.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IDD Services</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">Our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">G.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Limited Mobility Wireless
Services</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoC Decree No.KM.35/2004 dated March 11, 2004
regarding Implementation of Fixed Wireless Networks with Limited Mobility</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as
amended by MoCI Decree No.16/PER/M.KOMINFO/06/2011 dated June 27, 2011</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (&#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 face="Times New Roman" lang=IN style="font-size:10.0pt;">(or fixed wireless) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">automated
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">migration feature, customers </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">are able to</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
make and receive calls on their fixed limited mobility wireless access phones
using a different number with a different area code.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">H.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cellular&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cellular telephone service is provided in Indonesia on
the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">radio frequency spectrum</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of 1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">8 GHz </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(DCS
technology)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, 2.1 GHz </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(UMTS technology) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and 900 MHz </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(GSM and UMTS technology). The</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
MoCI </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regulates&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> the use and allocation of the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">radio </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">frequency
spectrum </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">for mobile cellular
networks.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Telkomsel has obtained
frequency allocation for cellular services </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">on the 900 MHz,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
1.8 GHz and 2.1 GHz frequency bands</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The allocation of bandwidth in the 2.1 GHz frequency
spectrum is regulated by:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">-&#160;&#160;&#160;&#160;&#160;&#160; MoCI Decree
No.19/KEP/M.KOMINFO/2/2006 dated February 14, 2006 regarding the Determination
of Winner of IMT-2000 Mobile Cellular Operator Selection at 2.1 GHz Radio
Frequency Band;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">-&#160;&#160;&#160;&#160;&#160;&#160; MoCI Decree
No.268/KEP/M.KOMINFO/9/2009 regarding the Determination of Additional
Allocation of Radio Frequency Bandwidth Blocks, Tariffs, and Payment Scheme
Radio Frequency Spectrum Right of Usage Fees for IMT-2000 Moble Cellular
Operators at 2.1 GHz Radio Frequency Band; and </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">MoCI Decree No.191 Year
2013 regarding the Determination of PT Telekomunikasi Selular as Winner in the
Selection of Users of Additional Frequency Bandwidth at 2.1 GHz Radio Frequency
Band for IMT-2000 Mob</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">i</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">le Cellular Operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">I.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
Telecommunications Law </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">expressly
prohibits</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> monopolistic and unfair
business </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">practices and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">requires network providers to allow users to access </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">other </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">users
or </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">obtain </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">services </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">from&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> other networks by paying </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">interconnection </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">upon&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and fair. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On February 8, 2006, the MoCI issued Regulation
No.8/PER/M.KOMINFO/02/2006 on Interconnection (&#8220;MoCI Regulation No.8/2006&#8221;)
which mandated a cost-based interconnection tariff scheme for all network and
services operators and this </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">replac</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">edthe </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">previous
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">revenue-sharing scheme. Under the new
scheme</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, interconnection charges
are determined by the network </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">operator on
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">which a call terminates based on
a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">long-run incremental cost</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> formula provided under </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.8/2006.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter49"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">44</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_50"></a><a name="_bclPageBorder50"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader50"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.8/2006 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">requires&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
operators</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> to</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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 providers are required to implement a queuing
system on a First-in-First-Serve basis. Additionally, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">network </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">interconnection
must be </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">implemented </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">transparently and without discrimination. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ITRA
in October 2007, which covered adjustments for operational, configuration,
technical and service offerings. In December 2007, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">we and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">all </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">other </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">network
operators signed new interconnection agreements </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">that super</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">se</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ded pr</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">vious&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
interconnection agreements between </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">us
and other </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">network operators</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> which also amended</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> all interconnection agreements signed in December
2006. These agreements temporarily served in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">lieu&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of the RIOs
while the ITRA continued to review the RIO proposals received from ourselves
and other operators.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On February 5, 2008, the ITRA required that we and
other operators began implementing the cost-based interconnection tariff
regime. On April&nbsp;11, 2008, pursuant to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Directorate General of Post and Telecommunication (&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">DGPT</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;)&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Decree No.205/2008, the ITRA and the MoCI approved
the RIO </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">proposals </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">from all operators to replace previous interconnection
agreements. The RIO which was approved in 2008 was </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">effective&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> until
July 29, 2011 when </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">new </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">interconnection charges </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">were implemented</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
as stipulated </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 the
MoCI that was agreed on by all operators and outlined in a Memorandum of
Understanding. In this process, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">we&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> were </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">appointed
as a</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> default data source for the
calculation of fixed </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">wireline&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">fixed
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">local </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">interconnection tariffs. Our subsidi</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry,
Telkomsel, and Indosat were similary appointed as the default data source</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> for the calculation cellular interconection</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> tariffs</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.
Meanwhile, Indosat data is positioned as a benchmark for calculating the cost
of cellular mobile network interconnection. The results of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">this&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
interconnection charges </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">reform&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> caused a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">slight
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">decrease in interconnection costs</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and Telkomsel</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8217;s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> RIOs which were approved on
June 20, 2012. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In 2012, we</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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. Up until the publishing of
this report, no recalculation of interconnection fees for 2012 had been done as
doing so would have been preceded by an evaluation on interconnection charges
in 2011.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">J.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VoIP&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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, as partly
revoked by MoCI Regulation No.11 of 2014, which imposed quality control
standards</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> in relation to VoIP
services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and this</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> became </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">effective
three months thereafter, to which we and other operators must adhere </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">to</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">K.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IPTV&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Several provisions in the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.11/PER/M.KOMINFO/07/2010 (&#8220;MoCI
Regulation No.11/2010&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regarding
the Implementation of Internet Protocol Television (IPTV) Service has been
amended by Regulation No.15/2014 regarding the Implementation of Internet
Protocol Television (IPTV) Service that became the legal basis for the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IPTV </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">MoCI Regulation No.11/2010 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">recognizes </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">IPTV </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">as&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> a
convergence of telecommunications, broadcasting, multimedia and electronic
transactions a</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">nd provides that
only a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">consortium comprising at least two
Indonesian entities may be licensed as an IPTV provider. Referring to MOCI
Regulation No.15/2014, the licenses that we needed, among others: (a) Local
Fixed Network License, Mobile Network or Fixed Closed Network License; (b)
Operating Internet Access/ISP License; and (c) Broadcasting Operation of
Subscription Television Broadcasting Services Institution License. Such a consortium
may only provide IPTV services in the area covered by all three required
licenses. This&nbsp;was in line with abolition of the provisions of the
Implementation of Broadcasting </font></p>





<a name="_bclFooter50"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">45</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_51"></a><a name="_bclPageBorder51"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader51"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Operation of Subscription Television Broadcasting
Services Institution via cable, become Broadcasting Operation of Subscription
Television Broadcasting Services Institution.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In the Government Regulation No.52/2005 regarding the
Broadcasting Implementation of Broadcasting Subscription Institute
(&quot;LPB&quot;) mentioned that the broadcasting&nbsp;could be conducted via
satellite, cable and terrestrial. Broadcasting via satellite could reach
nationwide, while cable and terrestrial ha</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ve&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> a range of a
particular region. LPB licenses of broadcasting via satellite owned by PT
Indonusa (Telkomvision) became our&nbsp;legal basis became our legal basis to
enforce&nbsp;IPTV services nationally.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">L.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Satellite &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">M.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Consumer Protection</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Under the Telecommunications Law, each </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">network provider is required to protect</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> consumer </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">rights&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> in relation to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, among others,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> quality of
services, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">tariffs and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">N.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">USO &nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">All telecommunications operators, whether network or
service providers, are bound by a</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">n </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">USO </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regulation </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">that
requires them to contribute to 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 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">10</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, 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;) stipulated, among other</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, details
services that shall be provided in relation to USO regulation, which is
providing 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">USO payment requirements are calculated as a
percentage of our and Telkomsel&#8217;s unconsolidated gross revenues</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, net of bad debts</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/or&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">interconnection </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">charges and/or connection charges</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.
Pursuant to Government&nbsp;Regulation No.7/2009 dated January 16, 2009</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
regarding Tariffs for Non-Tax State Revenue that apply to the Ministry of
Communication and Information (&#8220;GR No.7/2009&#8221;)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and Decree No.05/PER/M.KOMINFO/2/2007 dated February
28, 2007,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> the current USO tariff rate is
1.25% of gross revenue</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, net of
bad debts and/or interconnection charges and/or connection charges</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Subsequently,
in December 2012, Decree No.05/PER/M.KOMINFO/2/2007 was replaced by Decree
No.45 year 2012 of the MoCI which was effective from January 22, 2013. The
Decree stipulates, among other things, the exclusion of certain revenues that
are not considered as part of gross revenues as a basis to calculate the USO
charged, and change</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> the payment period which was previously on a
quarterly basis to become quarterly or semi-annually</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">O.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunication
Regulatory Charges</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">were </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">payable annually based on a formula that </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">took </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">into
account base prices for both radio frequency spectrum and transmission
capacity, as adjusted by fee indices set by the Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of Communications and Information in consultation with
the Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of Finance. The
right-of-use fees calculated with reference to our radio frequency spectrum is
determined by tender and comprises both an upfront fee and radio frequency
spectrum (&#8220;IPSFR&#8221;) annual fees.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Based on the Decree No. 76 dated December 15, 2010 of
the Government, 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 the Decree. The Decree is valid
for 5 years unless further amended.</font></p>





<a name="_bclFooter51"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">46</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_52"></a><a name="_bclPageBorder52"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader52"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, net of bad debts and/or interconnection charges and/or connection
charges.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">P.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telecommunications Towers</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Since the operations of telecommunication towers
involve a number of relevant Government bodies, on March 30, 2009, a joint
regulation was issued in the form of the Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of Home
Affairs Regulation No.18/2009, Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ry&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Joint Decree regulates that license for
telecommunication tower construction is to be issued by regents or mayors and
the Governor in relation to the Jakarta Province. 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In addition to the Joint Decree and MoCI Regulation
No.02/2008, several regional authorities have implemented regulations limiting
the number and location of telecommunications tower and require operators to
share in the utilization of telecommunications towers.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;">governments </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">through out </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Indonesia&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> that may be authorized
to impose these fees to increase in the future.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">C. &#160;&#160; ORGANIZATIONAL
STRUCTURE </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Information on Our Organizational
Structure</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We
have adopted</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> a holding company
approach </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to corporate management, which
we believe will </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">provide
productive flexibility for all </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">business entities in accordance with the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">needs&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of
the respective </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">units</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In implementing </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">this&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> holding company </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">approach</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1.</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">t</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">he role of the corporate office is focused on the
Corporate Level Strategy function (i.e. directing overall strategy, portfolio
strategy and parenting strategy).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2.</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">w</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">e tailor parenting style to the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">particular </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">characteristic</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of the
business entity.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3.</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">we seek to e</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">mpower </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">each&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> business entity in line with their respective
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">particular </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">chara</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">c</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">teristics.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">In addition, we introduced </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Board of Executive</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s to improve our</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> parenting mechanism</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. T</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">he Board&#8217;s membership comprises all members of
Telkom&#8217;s Board of Directors and a number of Chief</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of Business. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
Chief</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> of Business title is reserved for senior business
experts, who are</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> our senior executives
and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">horizontally positioned
equivalent to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Directors</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.Our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Chief of Business</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> meant to serve </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in formulating corporate level strategy decisions</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> as well as</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
fostering a harmonious relationship between subsidiaries and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the parent.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Furthermore,
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">refer to our </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Board of Executive Charter Telkom Group
that was decided on December 19, 2013</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">we divide</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">d&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> our
management of subsidiaries into four categories. Telin manages our
international subsidiaries, namely Telin Singapore, Telin Australia, Telin
Malaysia, Telin Hong Kong and Telin Timor Leste. Telkomsel manages the cellular
business. Metra manages the media value chain, namely MetraPlasa, Melon, Sigma,
Metra-net, Infomedia, Ad Medika, PINS, Finnet, MD Media, PC</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">M&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and
Metra TV. Telkom Infratel manages the infrastructure and ecosystem business,
namely </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Dayamitra</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, Patrakom, Telkom Akses and GSD. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter52"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">47</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_53"></a><a name="_bclPageBorder53"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader53"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Telkom&#8217;s
Organizational Structure</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><img alt="struktur organisasi telkom" border=0 height=536 id="Picture2" src="x15040216512001.jpg" width=724>&nbsp;</p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=right>

<table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=26% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
   <p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><b><font color=windowtext face=Times-Roman style="font-size:9.0pt;line-height:normal;">Directorate</font></b></p>
   </td>
 <td valign=top width=74% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
   <p style="margin:0in;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><b><font color=windowtext face=Times-Roman style="font-size:9.0pt;line-height:normal;">Function and Authority</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=26% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NITS
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing the Infrastructure Strategy </font><font color=windowtext face=Times-Roman style="font-size:10.0pt;line-height:normal;">and&nbsp;</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;"> Governance, IT Strategy </font><font color=windowtext face=Times-Roman style="font-size:10.0pt;line-height:normal;">and&nbsp;</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">
  Governance, and Solution, as well as managing the IT utilization and
  </font><i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">service operation and management</font></i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">, in order to support the
  capitalization of </font><i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">established </font></i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">businesses and
  also controlling infrastructure operations through the Network of Broadband, Information
  System Center Division, Wireless Broadband Division and Broadband Division.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=26% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:115%;">ISP
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing the functions of </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">c</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">orporate
  strategic planning, strategic business development, innovation strategy </font><font color=windowtext face=Times-Roman style="font-size:10.0pt;line-height:normal;">and&nbsp;</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">
  s</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">y</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">nergy, as
  well as the operational management of the Digital Business Division and
  Innovation and </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Des</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">ign Center units.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=26% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">CONS
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing the </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">c</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">onsumer product planning,
  consumer realtionship amagement, consumer marketing and sales and consumer
  service supervision.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=26% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">EBIS
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing marketing and operation aligment, enterprise business strategy,
  enterprise service, business service, through the Enterprise Services
  Division, Business Services Division, and Goverment Service Division</font></p>
  </td>
 </tr>
<tr style="height:13.9pt;">
  <td valign=top width=26% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:13.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">WINS
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:13.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing the wholesale and international
  business segment, and the operational management of the Wholesale Services Division.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=26% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">HCM
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on managing the company&#8217;s human resources and the operational management of
  human resources centrally through the Human Capital Center unit</font><i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">,&nbsp;</font></i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;"> as
  well as controlling operations of the Telkom Corporate University Center,
  Assessment Center Indonesia, and Community Development Center units</font><i><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></i></p>
  </td>
 </tr>
<tr>
  <td valign=top width=26% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">FIN
  Directorate</font></p>
  </td>
 <td valign=top width=74% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Focuses
  on the company&#8217;s financial management through Corporate Finance unit, Management
  Accounting unit, Investor Relations unit, Financial Logistic Policy, Risk and
  Process Management unit, and managing financial operations centrally through
  the Finance, Billing </font><font color=windowtext face=Times-Roman style="font-size:10.0pt;line-height:normal;">and&nbsp;</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;"> Collection Center unit.</font></p>
  </td>
 </tr>
</table>

</div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





<a name="_bclFooter53"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">48</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_54"></a><a name="_bclPageBorder54"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader54"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Information
on Subsidiaries and Associated Companies</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We
have experienced continuous organic and inorganic growth. Organic growth is
achieved through the expansion of our existing operations and the creation of
synergies between our subsidiaries. Inorganic growth is accomplished through
the acquisition of companies that we deemed are capable to add strategic value
to our entire Group and to contribute to the long-term revenue growth and
sustainability of business.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The following table illustrates our corporate structure</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> as of
December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, including our direct and indirect equity ownership
in our subsidiaries.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">A complete
list of our subsidiaries and investments in associated companies, and our ownership
percentage of each entity, as of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, is set forth below
and is contained in Note</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">d and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">11 to our Consolidated Financial Statements
included elsewhere in this report.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Direct
Subsidiaries</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Companies</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Nature of Business</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Telekomunikasi Selular (&#8220;Telkomsel&#8221;), Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">65%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telecommunication -p</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">rovides </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">telecommunication
  </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">facilities and mobile cellular service</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">s u</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">sing </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">the Global System </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">for Mobile Communication (&#8220;GSM&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">technology&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">Telkomsel</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:10.0pt;"> was</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">
  established on May 26, 1995.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Multimedia Nusantara (&#8220;Metra&#8221;), Jakarta </font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">100%</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Multimedia
  and network telecommunication services</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra,
  acquired on May 9, 2003, is our NEB holding company. Metra focuses on network
  construction, development, maintenance and services, and multimedia services
  (data communications systems, portal and online transaction services).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Telekomunikasi Indonesia International (&#8220;TII&#8221;)</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">,
  Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">100%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Previously known as
  PT Ariawest International, TII was </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">acquired </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">on July 31, 2003 and is a wholly owned subsidiary of
  Telkom. Currently, TII has obtained the </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">fixed closed network (&#8220;</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Jartaptup</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;)&nbsp;</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> license and Network Access Provider license. TII
  provides network services and international telecommunication services, as
  well as international business.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">PT
  </font></b><b><font face="times new roman" lang=IN style="font-size:9.0pt;">PINS
  Indonesia
  (</font></b><b><font face="times new roman" style="font-size:9.0pt;">&#8220;PINS&#8221;),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100%</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication
  construction and services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Previously </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT Pramindo Ikat Nusantara</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">. </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PINS was originally established to operate our KSO in
  Sumatra. It was acquired on August 15, 2002.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<a name="_bclFooter54"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">49</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_55"></a><a name="_bclPageBorder55"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader55"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Companies</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="times new roman" style="font-size:9.0pt;">Nature of
  Business</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Dayamitra Telekomunikasi (&#8220;Dayamitra&#8221;), Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Dayamitra
  provides fixed line telephone services, supply of telecommunications
  facilities and infrastructure and telecommunications services. Acquired on
  May 17, 2001, Dayamitra transformed it self 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;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">On
  October 9, 2014, we signed a Conditional Shares Exchange Agreement with PT
  Tower Bersama Infrastructure Tbk (&quot;TBI&quot;)
  to exchange our 49% ownership in Dayamitra for 5.7% ownership in TBI. In
  addition, we have an option to exchange our remaining 51% ownership in
  Dayamitra within 2 years that will increase our ownership in TBI u</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">p </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">to 13.7%. The completion
  of the agreement is subject to various approvals, including those of the shareholders
  of Dayamitra and TBI. The transaction is still in progress</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Graha Sarana Duta (&#8220;GSD&#8221;), Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99.99%</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Leasing
  of offices and providing building management and maintenance services, civil
  consultant and developer</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Acquired
  on April 25, 2001, GSD operates throughout Indonesia and manages buildings
  owned by us and third parties.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Napsindo Primatel Internasional (&#8220;Napsindo&#8221;), Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">60%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication
  - provide</font><font face="times new roman" lang=IN style="font-size:9.0pt;">s </font><font face="times new roman" style="font-size:9.0pt;">Network Access
  Point (&#8220;NAP&#8221;), Voice Over Data (&#8220;VOD&#8221;) and other related services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Ceased
  operation</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">Napsindo was established
  on December 29, 1998, Napsindo ceased operation as of January 13, 2006.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Telkom Akses (&#8220;Telkom Akses&#8221;), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100%</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Construction</font><font face="times new roman" lang=IN style="font-size:9.0pt;">, </font><font face="times new roman" style="font-size:9.0pt;">service and trade
  in the field of telecommunication </font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">Telkom Akses
  was established on November 26, 2012.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Patra Telekomunikasi Indonesia (&#8220;Patrakom&#8221;), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100%</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font><font face="times new roman" lang=IN style="font-size:9.0pt;"> - </font><font face="times new roman" style="font-size:9.0pt;">provides
  satellite communication system service</font><font face="times new roman" lang=IN style="font-size:9.0pt;">s&nbsp;</font><font face="times new roman" style="font-size:9.0pt;"> and facilities</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">Patrakom was
  established on September 28, 1995. On September 2</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:10.0pt;">5 </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">and November 29, 2013, the Company acquired additional
  interest of 40% and 20%, respectively, of Patrakom.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Infrastruktur Telekomunikasi Indonesia (&#8220;Telkom Infratel&#8221;),</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100%</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Construction</font><font face="times new roman" lang=IN style="font-size:9.0pt;">, </font><font face="times new roman" style="font-size:9.0pt;">service</font><font face="times new roman" lang=IN style="font-size:9.0pt;">s&nbsp;</font><font face="times new roman" style="font-size:9.0pt;"> and trade in
  the field of telecommunication</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:10.0pt;">Telkom Infratel was established on January 16, 2014.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter55"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">50</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_56"></a><a name="_bclPageBorder56"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader56"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Indirect
Subsidiaries </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Companies</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Nature of Business</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Infomedia Nusantara (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Infomedia</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">100%
  </font><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">(through a 51% </font><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">ownership by Metra</font><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">)&nbsp;&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" style="font-size:9.0pt;">Data and information service - provides
  telecommunication information services and other information services in the
  form of print and electronic media and call center services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Infomedia was
  acquired on September 22, 1999 to operate KSO in Sumatra. Infomedia has
  transformed from focusing on three pillars of business (directory service,
  contact center services and content services) to focus on business process
  outsourcing and digital media and rich content services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Sigma Cipta Caraka (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Sigma</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Tangerang&nbsp;</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Information
  technology service
  - system
  implementation and integration service, outsourcing and software license
  maintenance</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Sigma
  was established on May 1, 1987. It service focuses on providing IT solutions.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International Pte. Ltd. (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin Singapore</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Singapore</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">100%
  ownership
  by TII</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin
  Singapore was established on December 6, 2007, pursuant to the laws of
  Singapore. Telin Singapore is a wholly owned subsidiary of TII. The Company
  has obtained Facility Based Operator License. Currently,
  it provides wholesale voice, wholesale data and Managed Service.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">PT
  Metra Plasa</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">(&#8220;Metra
  Plasa&#8221;), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">60% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Network
  and e-commerce services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra
  established Metra Plasa with eBay International AG on April 2, 2012. </font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Administrasi Medika (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Ad
  Medika</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">75% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Health
  insurance and administration services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Ad
  Medika was </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">acquired </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">on
  February 25, 2010. Ad Medika provides online claim processing services
  between the hospitals and health insurance companies.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Finnet Indonesia (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Finnet</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">60% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Information
  technology services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">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>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">PT
  Telkom</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">Landmark
  Tower</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">(&#8220;TLT&#8221;),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">55% ownership
  by Telkom Property</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Service
  for property development and management</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">GSD
  established TLT with Yakes Telkom on </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">December
  27,2011.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International Ltd., Hong Kong (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin
  Hong Kong</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Hong</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;"> K</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">ong&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by TII</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin
  Hong Kong was established in Hong Kong on December 8, 2010
  a wholly owned subsidiary of TII. Telin Hong Kong obtained Unified Carrier
  License on March 1, 2011, Service Based Operator for MVNO on July 27 2011 and
  License for Operating Money Service on July 18, 2012. Currently, it provides
  wholesale voice, wholesale data and retail mobile services. The MVNO service
  is provided under the brand Kartu As 2in1. </font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT Metra</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">-N</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">et
  (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra-Net</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Multimedia
  portal service</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra-Net
  was established on April 17, 2009 and focuses on e-commerce (B2C) and
  portals.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Selular Finance Limited (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">TSFL</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Mauritius</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Finance
  </font><font face="times new roman" lang=IN style="font-size:9.0pt;">-&nbsp;</font><font face="times new roman" style="font-size:9.0pt;"> establish</font><font face="times new roman" lang=IN style="font-size:9.0pt;">ed&nbsp;</font><font face="times new roman" style="font-size:9.0pt;"> to raise funds for
  the development of Telkomsel</font><font face=Times style="font-size:9.0pt;">&#8217;</font><font face="times new roman" style="font-size:9.0pt;">s business
  through the issuance of debenture stock, bonds, mortgages or any other
  securities</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Liquidated</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">TSFL
  was established on April 22, 2002.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<a name="_bclFooter56"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">51</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_57"></a><a name="_bclPageBorder57"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader57"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Companies</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="times new roman" style="font-size:9.0pt;">Nature of
  Business</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International S.A</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">. </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">(</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">TL</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">)
  (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin
  Timor Leste</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Timor Leste</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by TII</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telin
  Timor Leste was a subsidiary of TII established on September 17, 2012.
  Telin T</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">imor </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">L</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">este&nbsp;</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;"> has obtained radio spectrum license and general
  registration certificate. It provides cellular services with coverage all
  over Timor Leste districts and broadband
  internet with 3G on 850Mhz frequency, Corporate Solution, as well as
  Wholesale Voice and Data</font><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Graha Yasa Selaras (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">GYS</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Jakarta&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">51% ownership
  by </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">GSD&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Tourism
  service</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-right:5.85pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">O</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">perational&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">GSD
  established GYS with Yakes Telkom on </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">February 7,
  2012</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;"> to focus on hospitality services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Metra Digital Media (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">MD
  Media</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Directory
  Information Services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">MD
  Media was established on January </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">22</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">,
  2013 and focuses on digital advertising services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Pojok Celebes Mandiri (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PCM</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">51% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Tour
  agent/bureau services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PCM
  was established on August </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">16</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">,
  2013 and provides travel booking and purchase services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Satelit Multimedia Indonesia (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">SMI</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Satellite
  service</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">SMI
  was established on March 25, 2013 and focuses on commerce and providing
  network services, telecommunication, satellite and multimedia services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Metra </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Digital Investama </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">(</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">M</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">DI</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Trading
  and/or providing service related to information and technology, multimedia,
  entertainment, and investment</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Previously PT M</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">etra Media</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">. MDI</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;"> was established on January </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">29</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">,
  2013 and focuses on trading, construction,</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">
  advertising,</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;"> and other services. </font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International Pty</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">
  Ltd. (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telkom
  Australia</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Australia</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by TII</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunications
  and IT</font><font face="times new roman" lang=IN style="font-size:9.0pt;">
  - </font><font face="times new roman" style="font-size:9.0pt;">based
  services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:.85pt;margin-right:9.4pt;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Tel</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">kom Australia is a wholly owned subsidiary of TII.
  Established on January 14, 2013, it engages in Business Process Outsourcing
  (BPO), Information Technology Outsourcing (ITO), and IT Services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Metra TV (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra
  TV</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">99</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">83% ownership by Metra</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Subscription</font><font face="times new roman" lang=IN style="font-size:9.0pt;"> - </font><font face="times new roman" style="font-size:9.0pt;">broadcasting
  services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra
  TV was established on January 8, 2013 and provides pay-TV services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telkom
  Macau </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Ltd. </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">(</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom Macau</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Macau</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by Telin Hong Kong</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Macau
  is a subsidiary of Telin Hong Kong, which was established on May 13, 2013 and
  is expected to provide MVNO services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telkom
  Taiwan </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Ltd. </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">(</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom Taiwan</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Taiwan</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by Telin Hong Kong</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Dormant</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Taiwan
  is a subsidiary of Telin Hong Kong, which was established on June 3, 2013 and
  is expected to provide MVNO services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International Inc. (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">USA</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  USA</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">100% ownership
  by TII</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication
  services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telkom </font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">USA is a wholly owned subsidiary
  of TII. It was established on December 11, 2013.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">PT
  Nusantara Sukses Sarana (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NS</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">S</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by GSD</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=IN style="font-size:9.0pt;">Building</font><font face="times new roman" style="font-size:9.0pt;"> and </font><font face="times new roman" lang=IN style="font-size:9.0pt;">hotel
  service management </font><font face="times new roman" style="font-size:9.0pt;">and
  other services</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Dormant</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NSS was established on August 27, 2014 and focused on
  building and hotel service management</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">PT
  Nusantara Sukses Realti (</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NSR</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">)</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">, Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by GSD</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Service</font><font face="times new roman" lang=IN style="font-size:9.0pt;"> and
  Trading</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Dormant</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NSR was established on August 27, 2014.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">PT
  Nusantara Sukses Investasi (</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NSI</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">99.99%
  ownership by GSD</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Service</font><font face="times new roman" lang=IN style="font-size:9.0pt;"> and
  Trading</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">NS</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">I </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">was established on August 27, 2014.</font></p>
  </td>
 </tr>
</table></div>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:center;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>





<a name="_bclFooter57"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">52</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_58"></a><a name="_bclPageBorder58"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader58"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Associated
Companies</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Companies</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Nature of Business</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">PT Integrasi Logistik Cipta Solusi
  (&#8220;ILCS&#8221;)</font></b><b><font face="times new roman" lang=IN style="font-size:9.0pt;">,
  Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">49% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">E-trade
  logistic services and other related services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Metra
  established ILCS with Pelindo II on September 21, 2012.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT Citra Sari Makmur (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">CSM</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">25%</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Very
  Small Aperture Terminal (&#8220;VSAT&#8221;), network application services and consulting
  services on telecommunications technology and related facilities</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">CSM was
  established on February 14, 1986.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Indonusa Telemedia (&#8220;Indonusa&#8221;), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">20% (including
  through </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">4</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">.3</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">3</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">% ownership by
  Metra)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Pay
  television and content services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.35pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.35pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Established on
  May 7, 1997, Indonusa is a multimedia (pay-TV, internet service) service
  provider. Since 2007, Indonusa was the first Pay TV operator in Indonesia to
  launch DTH Prepaid (Prepaid Satellite Pay TV), under the &#8220;TelkomVision&#8221;
  brand. On October 8, 2013, 1,036,059, 483 Indonusa shares (equivalent to 80%
  of its ownership in Indonusa) were sold to PT Trans Corpora and PT Trans
  Media Corpora.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Tiphone Mobile Indonesia </font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Tbk </font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">(&#8220;Ti</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">P</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">hone&#8221;)</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">, Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">2</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">4.92</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">% ownership by PINS</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=IN style="font-size:9.0pt;">T</font><font face="times new roman" style="font-size:9.0pt;">elecommunication
  equipment business</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.35pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.35pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Established on
  June 25, 2008.Based on notarial deed No. 118 dated September 11, 2014 of
  Jimmy Tanal, S.H., M.H.</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">PINS</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">,
  our subsidiary,</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;"> acquired 25% ownership in TiPhone</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">
  to strengthen our digital ecosystem</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Joint Venture Companies</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=22% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Company</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=13% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Percentage of Ownership Interest</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=16% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Nature of Business</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational Status</font></b></p>
   </td>
 <td width=1% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td width=34% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Description</font></b></p>
   </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">PT
  Melon Indonesia (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Melon</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Jakarta</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">51% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Digital
  Content Exchange Hub services (&#8220;DCEH&#8221;)</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Melon
  is a joint venture company between Metra and SK Telecom Korea. Melon was
  established on August 16, 2010.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia</font></b></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">International
  Malaysia Sdn. Bhd. (</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Telin
  Malaysia</font></b><b><font color=windowtext face=Gotham-Medium style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">),
  Kuala Lumpur</font></b></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">49% </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">o</font><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">wnership by TII</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">Telecommunication</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Telekomunikasi
  Indonesia International Malaysia Sdn. Bhd. is a Joint Venture Company with
  Compudyne. Sdh. Bhd. established on July 2, 2013, obtaining Applications
  Service Provider Class (ASP(C)) on July 23, 2013 and Network Service Provider
  (NSP) on August 23, 2013. Engaging in the business of providing a full range
  of telecommunication services and other business related to
  telecommunications systems, data processing, systems and information systems
  in Malaysia.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">PT
  Teltranet Aplikasi Solusi (</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8220;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">Teltranet</font></b><b><font color=windowtext face=Gotham-Medium lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;</font></b><b><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;line-height:normal;">), Jakarta</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">51% ownership
  by Metra</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=16% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="times new roman" lang=IN style="font-size:9.0pt;">Communication system</font><font face="times new roman" style="font-size:9.0pt;">
  services</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">Operational</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Teltranet
  is a joint venture company between Metra and Telstra Holding Singapore
  Pte.Ltd.. Teltranet was established on October 27, 2014.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">D. &#160;&#160; PROPERTY AND EQUIPMENT</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our property and
equipment are primarily used for telecommunication operations, which mainly
consist of transmission installation and equipment, cable network and switching
equipment. A description of these is contained in Note 12 to our Consolidated
Financial Statements and Item 4 &#8220;Information on The Company</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> - Business Overview - </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Network Infrastructure and Development&quot;. See Item
5B &quot;Liquidity and Capital </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Expenditure
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">- Material Commitments for Capital Expenditures&#8221; for material
plans to construct, expand or improve </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">our property and equipment</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





<a name="_bclFooter58"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">53</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_59"></a><a name="_bclPageBorder59"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader59"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">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 color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Hak Guna Bangunan </font></i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">or HGB)
and Right of Use (</font><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">Hak Guna Usaha </font></i><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">We</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> own several pieces of land located throughout
Indonesia with the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">right to build
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and use for a period of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">0 to 45
years, which will expire between 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">5&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and 205</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">We
believe</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> that there will be no difficulty
in obtaining the extension of the land rights when they expire. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">We hold registered rights to build </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and use </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">for
most of our properties. Pursuant to Government Regulation No.40/1996, the
maximum initial period for the right to build is </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">0 years</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and is</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
renewable for an additional </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">0
years. We are not aware of any
environmental issues that could affect the utilization of our propert</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">y and equipment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. All assets owned by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">our&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> Company ha</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ve&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> been pledged as collateral for bonds. Certain
property and equipment of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">our&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> subsidiaries with gross carrying value
amounting to Rp6,962 billion as of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> have been pledged as
collateral for lending agreements. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Please
refer to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">N</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">otes 18 and 19 of our Consolidated Financial
Statement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">Insurance</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As
of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">December 31, 2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, property and equipment excluding land rights, with
net carrying amounts of Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">85,352&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion were insured against fire, theft, earthquake
and other specified risks, including business interruption, under blanket
policies totaling Rp1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5,244&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion, US$119&nbsp;million, EURO</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">thousand,
HKD</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">9 million and SGD</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">9 million</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Management
believes that the insurance coverage is adequate to cover potential losses from
the insured risks.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM4A></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 4A. UNRESOLVED STAFF
COMMENTS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><a name=ITEM5></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The following discussion and analysis should be read
in conjunction with our Consolidated Financial Statements for the years ended
December 31, 2012, 2013 and 2014 included elsewhere in this Form 20-F. These
Consolidated Financial Statements were prepared in accordance with IFRS as
issued by the IASB. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">OPERATING RESULTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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. As of December 31,
2014, we had approximately 195.2 million subscribers in service, comprising 140.6
million cellular subscribers through Telkomsel, 9.7 million subscribers on our
fixed wireline network, 4.4 million subscribers on our fixed wireless network and
40.5 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 also operate </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">m</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ultimedia businesses
such as content and applications. 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>





<a name="_bclFooter59"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">54</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_60"></a><a name="_bclPageBorder60"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader60"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;line-height:normal;">Growth of the Indonesian economy slowed in 2014 as growth in
gross domestic product decreased from an average of 6.2% in the period from 2010
to2013 to 5.0% in 2014. Inflation accelerated from an average of 5.9% in the
period from 2009 to2013 to 8.4% in 2014 (source: Center of Statistic Bureau)
and the rupiah depreciated from an average of Rp8,508 in the period from 2010
to2014 to Rp12,440 as of December 31, 2014 (source: Bank Indonesia).</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Though
the exposure of our Company and our subsidiaries to foreign exchange rates is
not material, we are exposed to foreign exchange risk on certain of our sales,
purchases (such as capital expenditures) and borrowings that are denominated in
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">U</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">S&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> Dollar</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
Japanese Yen</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See Item 11
&#8220;Quantitative and Qualitative Disclosure about Market Risk &#8211; Exchange Rate
Risk&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The growth in our revenues from 2014 compared with
2013 was largely driven by increases in revenues from data, internet and information
technology services, which increased by
15.7% driven largely by increased mobile phone data usage and mobile broadband
subscriptions, and cellular revenues
which increased by 6.7%. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our operating
results in 2014 compared with 2013 also reflected an increase in expenses. This
increase was mainly driven by operation, maintenance and telecommunication
service expenses, which increased primarily as a result of an increase in our
network capacities to better serve our customers, particularly for internet and
data service.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Principal Factors Affecting our
Financial Condition and Results of Operations</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Increase in Cellular Telephone
Revenues with Increase in Subscribers ARPU</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our cellular
telephone revenues increased by 6.7% from 2013 to 2014 due to an increase in
the number of our cellular subscribers by 6.9% in 2014. Telkom's revenues from
cellular phone services (usage charges, monthly subscription charges and
features) accounted for 38.2% of our consolidated revenues for the year ended
December 31, 2014, compared to 38.7% for the year ended December 31, 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In Indonesia, mobile
phones have become the primary tool for telecommunication, both for voice calls
as well as for internet usage. Over 50% of our cellular revenues are derived
from voice services, but the growing popularity of smartphones, has contributed
to the growth of our cellular data revenues. We believe
of competition in voice
tariffs has stabilized
for now, while the increase in data revenue has started to contribute to our
ARPU. This is reflected in our increased monthly
ARPU from approximately Rp37,500 in 2013 to approximately Rp39,000 in
2014 due to increased revenue from data, internet and information technology services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We
believe that while competition has become more rational in Indonesia, however, we still consider it as a major risk to our businesses. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Increase in
Data, Internet and Information Technology Services Revenues</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Data, internet and
information technology services revenues accounted for 42.0% of our
consolidated revenues for the year ended December 31, 2014, compared to 39.3%
for the year ended December 31, 2013. Revenues from our data, internet and
information technology services increased by 15.7% from 2013 to 2014. The
increase in data, internet and information technology services revenues in 2014
was primarily due to a 22.2% increase in revenues from internet, data
communication and information technology services, largely driven by increased
mobile phone data usage and mobile broadband subscri</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ptions</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. We seek
to continue to increase such revenues and have continued to invest in improving
broadband infrastructure.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Decrease in
Fixed Lines Telephone Revenues</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
fixed lines telephone revenues decreased by 8.5% from Rp9,701 billion in 2013
to Rp8,881 billion in 2014 as a result of 2.2% decrease in fixed wireline
revenues and 59.9% decrease in fixed wireless revenues. On June 27,
2014, we entered into a Conditional Business Transfer Agreement with Telkomsel
to transfer parts of the Flexi business and migrate Flexi subscribers to
Telkomsel. Although we plan to continue to operate the Flexi service to serve
our remaining Flexi customers who have not migrated to Telkomsel till December
14, 2015, we have continued with our migration strategy to encourage our fixed
wireless customers to enter into plans operated by Telkomsel. We believe that
fixed lines telephone revenues have been declining due to the increased usage
and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">more competitive </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">tariffs
of mobile cellular services and increased penetration of cellular subscribers
in Indonesia. Cellular 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. We expect that the trend of declining fixed
lines telephone revenues will continue.</font></p>





<a name="_bclFooter60"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">55</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_61"></a><a name="_bclPageBorder61"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader61"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TELKOM'S CONSOLIDATED</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> STATEMENTS OF </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">COMPREHENSIVE
INCOME</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following table
sets out our Consolidated </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Statements
of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Comprehensive Income for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">the years ended </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2012</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, 2013 and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014. Each item is expressed as a percentage of total
revenues or expenses.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=2 valign=bottom width=17% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012 </font></b></p>
   </td>
 <td colspan=2 valign=bottom width=16% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=27% style="background:white;border-top:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=39% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
   </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telephone Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Cellular </font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Usage charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,477</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30,722</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37.0</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">32,972</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.8</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,662</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Features</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">558</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">686</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">751</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">61</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Monthly subscription charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">696</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.9</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">730</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.9</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">567</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.6</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Sub - t</font><font face="Times New Roman" style="font-size:9.0pt;">otal&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30,731</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">32,138</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">34,290</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,769</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Fixed Lines </font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Usage charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7,323</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,453</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,347</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">432</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Monthly subscription charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,805</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,682</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,697</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">218</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Call </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">c</font><font face="Times New Roman" style="font-size:9.0pt;">enter&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">228</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">324</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">736</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">59</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Installation charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">112</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">31</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">194</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">230</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">70</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Sub - t</font><font face="Times New Roman" style="font-size:9.0pt;">otal&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,662</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,701</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,881</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9.9</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">717</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Telephone Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41,393</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">53.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41,839</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">50.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43,171</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,486</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Data, Internet and
  Information Technology Service Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Internet, data communication
  and information technology services</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,674</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,267</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">23.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">23,550</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">26.3</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,902</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">SMS</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,631</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,134</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,034</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15.6</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,133</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">E</font><font face="Times New Roman" style="font-size:9.0pt;">-</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">b</font><font face="Times New Roman" style="font-size:9.0pt;">usiness&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">55</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">83</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">103</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">VoIP</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">81</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">119</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">25</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">0.</font><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Data, Internet and
  Information Technology Service Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">28,441</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.9</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">32,603</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37,712</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,045</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Interconnection Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,273</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,843</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,708</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">380</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Network Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,208</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,253</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,280</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.4</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">103</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Other Telecommunications
  Service Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,812</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,429</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.9</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,825</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">228</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Revenues</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">77,127</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">82,967</font></b></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">89,696</font></b></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">7,242</font></b></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Operations, Maintenance
  and Telecommunication Service Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Operations and maintenance</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,012</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,667</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,583</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20.4</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,016</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Radio frequency usage
  charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,002</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,098</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,207</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">259</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Concession fees and </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">USO&nbsp;</font><font face="Times New Roman" style="font-size:9.0pt;">
  charges</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,445</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,595</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,818</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">147</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Electricity, gas and water</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">879</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,063</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,180</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.9</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">95</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Cost of set top boxes, SIM
  and RUIM cards</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">687</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">752</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,031</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.7</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">83</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Leased lines and CPE</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">407</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">440</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">758</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">61</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Vehicles rental and
  supporting facilities</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">293</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">439</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">581</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.9</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">47</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Cost of IT services</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">222</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">677</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">357</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.6</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Insurance</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">671</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">374</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">335</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.5</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Project management</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">102</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">138</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">180</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.3</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">76</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">89</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">258</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Operations, Maintenance and Telecommunication Service</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> Expense</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,796</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">31.0</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,332</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.4</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,288</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,800</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  Amortization </font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,474</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">26.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,805</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,178</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27.9</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,387</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Personnel Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Salaries and related
  benefits</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,257</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.0</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,553</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.1</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,759</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">304</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Vacation pay, incentives and
  other benefits</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,400</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.3</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,252</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.6</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,182</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.2</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">257</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Employees&#8217; income tax</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,022</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.9</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,160</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.0</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,317</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.1</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">106</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pension benefit cost</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">831</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">988</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">643</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.0</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">52</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=bottom width=1% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Post-employment health care
  benefit cost</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">246</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.5</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">382</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.7</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">248</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<a name="_bclFooter61"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">56</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_62"></a><a name="_bclPageBorder62"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader62"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=39% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=2 valign=bottom width=17% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012 </font></b></p>
   </td>
 <td colspan=2 valign=bottom width=16% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=27% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=39% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
   </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Housing</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">200&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">220&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">224&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">LSA expense</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">121&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">115&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Insurance</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">83&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">92&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other employee benefits cost</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">56&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other post-employment
  benefit cost</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Early retirement program</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">699&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.3&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">24&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">107&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">86&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Personnel Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,960&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,829&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,776&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15.9&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">789&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Interconnection Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,667&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8.6&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,927&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8.5&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,893&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7.9&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">395&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">General and Administrative
  Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,036&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.6&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,155&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,963&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">320&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Marketing Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,094&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.7&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,044&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.3&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,092&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">250&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Loss on foreign exchange -
  net</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">189&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.3&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">249&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.4&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other expenses</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,973&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3.6&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">480&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.8&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">396&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.6&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">32&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Expenses</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">54,200</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">57,850</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">61,617</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">4,975</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other income</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,559&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,581&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,076&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">87&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Operating Profit</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,497</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">27,727</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">29,172</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">2,355</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Finance income</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">596&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">836&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Finance costs</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,055)</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,504)</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,814)</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(146)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Share of loss of associated
  companies</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(11)</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(29)</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(17)</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Profit before Income Tax</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">24,027</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">27,030</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">28,579</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">2,308</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Net Income Tax Expense</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(5,886)</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(6,900)</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(7,341)</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(593)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Profit for the Year</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">18,141</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">20,130</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">21,238</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">1,715</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other Comprehensive Income (Expenses)
  - Net</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,540)</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,115&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">810&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">65&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Net Comprehensive Income
  for the Year</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">15,601</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,245</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">22,048</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">1,780</font></b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit for the year
  attributable to owners of the parent company</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,621&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,046&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,437&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,166&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net comprehensive income for
  the year attributable to owners of the parent company</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,056&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,018&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,291&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,235&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=40% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Basic and Diluted
  Earnings per Share (in full amount)</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit per share</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">131.45&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">145.77&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">147.78&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0.01&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=39% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Profit per ADS (200 Series B
  shares per ADS)</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">26,290.80&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,153.58&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,556.53&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.39&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<b><font face="times new roman" lang=EN-US style="font-size:10.0pt;"><br clear=all>


</font></b>
<a name="_bclFooter62"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">57</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_63"></a><a name="_bclPageBorder63"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader63"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Financial
Overview</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Year ended
December 31, 2014 compared to year ended December 31, 2013</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Revenues&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Total revenues increased by Rp6,729 billion, or 8.1%,
from Rp82,967 billion in 2013 to Rp89,696 billion in 2014. The increase was
primarily contributed by data, internet and information technology service
revenues and cellular telephone revenues, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to a lesser
extent, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">other telecomunications
service revenues.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cellular Telephone Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cellular telephone revenues increased by Rp2,152
billion, or 6.7%, from Rp32,138 billion in 2013 to Rp34,290 billion in 2014
primarily due to an increase in usage charge. Usage charges increased by
Rp2,250 billion, or 7.3%, from Rp30,722 billion in 2013 to Rp32,972 billion in
2014 due to an increase</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">6.9</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> in both our prepaid and postpaid subscriber</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and an
increase in our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">local and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">long distance usage. Revenues from features increased
by Rp65 billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> or 9.5%, from Rp686 billion in 2013 to Rp751 billion
in 2014 due to increase in usage of features by our subscribers. Monthly
subscription charges decreased by Rp163 billion, or 22.3%, from Rp730 billion
in 2013 to Rp567 billion in 2014..</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our total cellular telephone revenues accounted for
38.2% of our consolidated revenues for the year ended December 31, 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fixed Line</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Telephone
Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fixed line</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> telephone revenues decreased by Rp820 billion, or 8.5%,
from Rp9,701 billion in 2013 to Rp8,881 billion in 2014. The decrease in fixed
line telephone revenues was due to decrease in fixed wireline revenue by 2.2% and
fixed wireless revenues by 59.9%. The decrease was primarily due to decrease in
usage charges of Rp1,106 billion, or 17.1%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> caused by a
decrease in local and domestic long distance usage. Our fixed wireless revenues
declined significantly due to our planned termination of the service by the end
of 2015 and ourmigration strategy to encourage our fixed wireless customers to
enter into plans operated by Telkomsel.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Th</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e decreased in
fixed line telephone revenues</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> was
partially offset by an increased in our call center revenues by Rp412 billion,
or 127.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">c.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Data, Internet and Information
Technology Service Revenues </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our data, internet and information technology service
revenues accounted for 42.0% of our consolidated revenues for the year ended
December 31, 2014, compared to 39.3% for the year ended December 31, 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Data, internet and information technology service
revenues increased by Rp5,109 billion, or 15.7%, from Rp32,603 billion in 2013
to Rp37,712 billion in 2014. This increase was primarily due to an increase in
revenues from internet, data communication and information technology services
by Rp4,283 billion, or 22.2%, which was driven by an </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">increase&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">80.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3% in
Flash subscribers, from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">17.3&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> million subscribers as of December 31, 2013 to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> 31.2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
million subscribers as of December 31, 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SMS </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">r</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">evenues increased by Rp900 billion, or 6.9%, from
Rp13,134 billion in 2013 to Rp14,034 billion in 2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">d.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Interconnection Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Interconnection revenues comprised interconnection
revenues from our fixed line network and interconnection revenues from
Telkomsel&#8217;s mobile cellular network including incoming international
long-distance revenues from our IDD service (TIC-007).</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Interconnection revenues decreased by Rp135 billion,
or 2.8%, from Rp4,843 billion in 2013 to Rp4,708 billion in 2014 primarily due
to a decrease in incoming calls to our subscribers.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">e.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Network Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Network revenues increased by Rp27 billion, or 2.2%,
from Rp1,253 billion in 2013 to Rp1,280 billion in 2014 primarily due to an
increase in our satellite transponder lease revenue by Rp278 billion, or 70.9%,
from Rp392 billion in 2013 to Rp670 billion in 2014 as result of an increase in
satellite transponder capacity lease by 18,4% from 3.007 million Mhz in 2013 to
3.560 million MHz in 2014.This increase was partially offset by a decrease in
leased lines revenue</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> by Rp251
billion, or 29.2%.</font></p>

<font face="times new roman" lang=EN-US style="font-size:10.0pt;"><br clear=all>


</font>
<a name="_bclFooter63"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">58</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_64"></a><a name="_bclPageBorder64"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader64"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">f.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Telecommunications Service
Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">O</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ther
telecommunications service</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
revenues</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> increased by Rp396 billion, or
16.3%, from Rp2,429 billion in 2013 to Rp2,825 billion in 2014. The increase
was primarily due to an increase in CPE and terminal revenue of Rp459 billion,
or 249.5%, in others revenues of Rp310 billion, or 98.1% and leased revenues of
Rp116 billion, or 17.5%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The increase was partly offset primarily by a decrease
in revenues from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">USO by</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Rp327 billion, or 64.4% and Pay TV revenue by Rp178
billion, or 65.0%.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">g.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Income</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other income decreased by Rp1,505 billion, or 58.3%,
from Rp2,581 billion in 2013 to Rp1,076 billion in 2014 as we had recognized a gain
on the sale of 80% of our ownership in PT Indonusa on 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Expenses&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Total expenses increased by Rp3,767 billion, or 6.5%,
from Rp57,850 billion in 2013 to Rp61,617 billion in 2014. The increase in
expenses was attributable primarily to increases in operations, maintenance and
telecommunication services and depreciation and amortization.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Operations, Maintenance and
Telecommunication Service Expenses </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Operations, maintenance and telecommunication service
expenses increased by Rp2,956 billion, or 15.3%, from Rp19,332 billion in 2013
to Rp22,288 billion in 2014. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The increase in operations, maintenance and
telecommunication service expenses is was primarily attributable to the
following:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Operations and maintenance increased
by Rp1,916 billion, or 18.0%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> due to an increase in expenses associated with network maintenance to improve our cellular
business performance</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Leased lines and CPE increased by Rp318 billion, or
72.3%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in line with
the increase in CPE and terminal revenues</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-13.5pt;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Cost of set top box</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">es</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, SIM
and RUIM cards increase by Rp2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">79 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">billion, or 37.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%, due
to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">an increase in handset and modem sale</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Depreciation and Amortization </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Depreciation and amortization increased by Rp1,373
billion, or 8.7%, from Rp15,805 billion in 2013 to Rp17,178 billion in 2014,
primarily due to </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">increase in
depreciation expense </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">related to
transmission installation and equipment as part of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">an&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> effort to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">improv</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e our service to customers</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and impairment </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of assets in our fixed wireless
business of Rp805 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In
2014, we decided to cease our fixed wireless business by no later than December
14, 2015. We assessed the recoverable amount to be Rp549 billion as of December
31, 2014 and determined that the assets for fixed wireless CGU were further
impaired by Rp805 billion. The recoverable amount has been determined based on
VIU calculation using the most recent cash flow projection approved by
management. The cash flow projection included cash inflows from the continuing
use of the assets during the remaining service period and projected net cash
flows to be received for the disposal of the assets for fixed wireless CGU at
the end of the service period. </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">Projected
net cash flows to be received for the disposal of the assets were determined
based on cost approach, adjusted for physical, technological and economic
obsolescence. Management applied a pre-tax discount rate of 13.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5%&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">derived
from ours post-tax weighted average cost of capital and&nbsp;</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">benchmarked to externally available data.
In addition, management also applied technological and economic obsolescence
rate of 30% based on the internal data, due to the lack of comparable market
data because of the nature of the assets. The determination of VIU calculation
is most sensitive to the technological and economic obsolescence rate
assumption. An increase in technological and economic obsolescence rate to 40%
would result in a further impairment of Rp70 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">c.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Personnel Expenses </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Personnel expenses decreased by Rp53 billion, or 0.5%,
from Rp9,829 billion in 2013 to Rp9,776 billion in 2014 due to decrease in
pension benefit cost by</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">345&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
billion, or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">34.9</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">%, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and a decreased
in post-employment health care benefit cost by</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">134&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion, or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">35.1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">%.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The decreased was offset by an increase in salaries
and related benefits by Rp206 billion or 5.8% due to an increase in the number
of employee by</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 1.1% from </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">25,011 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">employees
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as of December 31, 2013 to 25,284 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">employees </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as of December
31,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 2014. T</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">his resulted in</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> an increase in employees&#8217; income tax by Rp157 billion, or 13.5% from
Rp1,160</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> in 2013 to Rp1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,317 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion in 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter64"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">59</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_65"></a><a name="_bclPageBorder65"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader65"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">d.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Interconnection Expense</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Interconnection expense</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> decreased by Rp34
billion, or 0.7%, from Rp4,927 billion in 2013 to Rp4,893 billion in 2014
primarily due to a decrease of Rp81 billion, or 2.2% in domestic
interconnection and access expense. This decrease was partially offset with an
increased in international interconnection by Rp47 billion, or 3.9%.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">e.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">General and Administrative Expense</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">General and administrative expense decreased by
Rp192 billion, or 4.6%, from Rp4,155 billion in 2013 to Rp3,963 billion in 2014
primarily due to a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">decreased in
provision for </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">impairment of receivables</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> by Rp805 billion, or 50.7%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">This
decreased was partially offset with an increased in general expense by Rp292
billion, or 43.3%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, other general and
administrative expenses by Rp122 billion, or 58.1% and</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> training, education and recruitment expense</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> by
Rp11</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">6&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion, or 28.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">f.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Marketing Expense</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Marketing expenses increased by Rp48 billion, or 1.6%,
from Rp3,044 billion in 2013 to Rp3,092 billion in 2014 due to an increase of
Rp80 billion, or 15.1% in customer education expenses primarily for our
broadband service. The increase was offset by decrease in advertising and
promotion expenses by Rp18 billion, or 0.7%, due to the selective use of media
for promotion and increased of group synergy in marketing our products.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">g.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">L</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">oss on Foreign Exchange - net</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We posted loss on foreign exchange - net Rp14
billion in 2014, lower than Rp249 billion in 2013, due to a lower rate of US
Dollar appreciation against the Rupiah, which appreciated by 1.7% in 2014
compared to 26.3% in 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">h.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Expenses</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other expenses decreased by Rp84 billion, or 17.5%,
from Rp480 billion in 2013 to Rp396 billion in 2014. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Operating Profit and Operating Profit Margin</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As a result of the foregoing, operating profit
increased by Rp1,445 billion, or 5.2%, from Rp27,727 billion in 2013 to
Rp29,172 billion in 2014. Operating profit margin decreased from 33.4% in 2013
to 32.5% in 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Profit before Income Tax
and Pre-Tax Profit Margin</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As a result of the foregoing, profit before income tax
increased by Rp1,549 billion, or 5.7%, from Rp27,030 billion in 2013 to Rp28,579
billion in 2014. Pre-tax profit margin decreased from 32.6% in 2013 to 31.9% in
2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Net </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Income Tax Expense</font></i></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Net i</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ncome tax expense increased by Rp441
billion, or 6.4%, from Rp6,900 billion in 2013 to Rp7,341 billion in 2014, in
line with the increase in profit before income tax.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">6.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Comprehensive Income
(</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">E</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">xpenses) -</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
N</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">et&nbsp;</font></i></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other comprehensive income-net
decreased by Rp4,305 billion, or 84.2%, from Rp5,115 billion in 2013 to Rp810
billion in 2014 due to </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">a
decreased </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in defined
benefit plan actuarial gain by
</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Rp</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4,214 </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">billion, or 8</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4.3</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%.&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Net </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Comprehensive Income for the Year</font></i></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Net c</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">omprehensive income for the year
decreased by Rp3,197 billion, or 12.7%, from Rp25,245 billion in 2013 to
Rp22,048 billion in 2014.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">8.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Profit for
the Year Attributable to Owners of the Parent Company</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Profit for the year attributable to owners of the
parent company increased by Rp391 billion, or 2.8%, from Rp14,046 billion in
2013 to Rp14,437 billion in 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">9.</font></i><i><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i><i><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net Comprehensive
Income for the Year Attributable to Owners of the Parent Company</font></i></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net comprehensive income for the year
attributable to owners of the parent company decreased by Rp3,727 billion, or
19.6%, from Rp19,018 billion in 2013 to Rp15,291 billion in 2014.</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">10.</font></i><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Profit per Share</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Profit per share increased by Rp2.01, or 1.4%, from
Rp145.77 in 2013 to Rp147.78 in 2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter65"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">60</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_66"></a><a name="_bclPageBorder66"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader66"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Year ended December 31, 2013 compared to year ended
December 31, 2012</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160; </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Revenues&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Total revenues increased by Rp5,840 billion, or 7.6%,
from Rp77,127 billion in 2012 to Rp82,967 billion in 2013. The increase in
revenues in 2013 was primarily due to an increase in cellular telephone
revenues and data, internet and information technology services revenues and
partially offset by a decrease in revenue from fixed lines telephone.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cellular Telephone Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cellular telephone revenues increased by Rp1,407
billion, or 4.6%, from Rp30,731 billion in 2012 to Rp32,138 billion in 2013
primarily due to increase in usage charge</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> as a result of a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5.1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increase </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in
our cellular subscriber</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Usage charges increased by Rp1,245 billion, or 4.2%,
from Rp29,477 billion in 2012 to Rp30,722 billion in 2013 due to an increase in
the number of both our prepaid and postpaid subscriber</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, and due to an
increase in our long distance usage. Revenues from features increased by Rp128
billion or 2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%, from Rp558 billion in 2012 to Rp686 billion in 2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. M</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">onthly
subscription charges increased by Rp34 billion, or 4.9%, from Rp696 billion in
2012 to Rp730 billion in 2013 primarily due to 15.8% increase in the number of
our postpaid subscriber</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our total cellular telephone revenues accounted for
38.7% of our consolidated revenues in 2013, compared to 39.8% in 2012</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed Lines Telephone Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Fixed lines telephone revenues decreased by Rp96</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion,
or 9.0%, from Rp10,662 billion in 2012 to Rp9,701 billion in 2013. The decrease
in fixed lines telephone revenues was primarily due to a decrease in fixed
wireline and fixed wireless revenues of 8.3% and 14.3%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> respectively.
The decrease in fixed wireline and fixed wireless revenues was primarily due to
a decrease in usage charges of Rp870 billion, or 11.9%, and a decrease in
monthly subscription charges revenues of Rp123 billion, or 4.4%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">which
were primarily caused by a decrease in local and domestic long distance usage
caused by the trend of shifting usage from fixed lines telephone to cellular
telephone services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">c.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Data, Internet and Information
Technology Service Revenues </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our data, internet and information technology service
revenues accounted for 39.3% of our consolidated revenues in 2013, compared to 36.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% in
2012</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Data, internet and information technology service
revenues increased by Rp4,162 billion, or 14.6%, from Rp28,441 billion in 2012
to Rp32,603 billion in 2013. This increase was primarily due to an increase in
revenues from internet, data communication and information technology services
by Rp3,593 billion, or 22.9%, which driven by the following factors:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a 3</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">8</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">7</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%
increase in cellular data communication revenues from Rp7,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">491&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion in 2012
to Rp10,393 billion in 2013, which accounted for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">32</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">8</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of
data, internet and information technology revenues in 2013, resulting from a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">56.5</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increase </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in
Flash subscribers, from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">11.0 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">million subscribers in 2012 to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 17.3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> million
subscribers in 2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a 6.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% increase in
Speedy monthly subscription revenues from Rp4,150 billion in 2012 to Rp4,413
billion in 2013, which accounted for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">13</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of data,
internet and information technology revenues in 2013, resulting from</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> a 28.7%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
increase</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> in Speedy subscribers</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, from</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
2.3 million subscribers </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2012 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.0
million subscribers in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2013,&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a 47.4% increase in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">data communication Ethernet revenue</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> from Rp338 billion in 2012 to Rp49</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">8 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion
in 2013, which accounted for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">6</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of data, internet and information technology revenues
in 2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> due to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">39.4%
increase in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">volume </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">data which pass</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ed </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">through </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Metro Ethernet</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, from 240,315 Mbps in 2012 to 334,935 Mbps in 2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a 7.8% increase in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">data communication </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">VPN </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">revenue
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">from Rp1,621 billion in to Rp1,748
billion in 2013, which ac</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ounted for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.5% of data, intenet and information technology
revenues in 2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> due to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">14.1%
increase in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">volume </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">data which pass</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ed </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">through </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">VPN
network, from 40,748 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">M</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">bps in 2012 to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">46,505 M</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">bps in 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SMS revenues increased by Rp503 billion, or 4.0%, from
Rp12,631 billion in 2012 to Rp13,134 billion in 2013 due to a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">25.2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%
increase in our SMS volumes from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">118.1
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion messages in 2012 to</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 147.9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
billion messages in 2013. 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.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection revenues comprise interconnection
revenues from our fixed line network and interconnection revenues from
Telkomsel&#8217;s mobile cellular network. Interconnection revenues include incoming
international long-distance revenues from our IDD service (TIC-007).</font></p>





<a name="_bclFooter66"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">61</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_67"></a><a name="_bclPageBorder67"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader67"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection revenues increased by Rp570 billion,
or 13.3%, from Rp4,273 billion in 2012 to Rp4,843 billion in 2013. This
increase was primarily due to an increase in domestic interconnection revenues
of Rp353 billion, or 13.5%, and an increase of Rp21</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">7 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion, or
13.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% in international interconnection revenues, primarily
resulting from our promotion rate offers for international calls and the
increased number of incoming calls to mobile subscribers.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Network Revenues</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Network revenues increased by Rp45 billion, or 3.7%,
from Rp1,208 billion in 2012 to Rp1,253 billion in 2013 primarily due to an
increase in our revenues from leased lines services of Rp37 billion, or 4.5%,
from Rp824 billion in 2012 to Rp861 billion in 2013, primarily resulting from
the increasing number of subscribers for our leased channel and satellite
services by 2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">7,078 e1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> or 7.0%.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">f.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other Telecommunications Service</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Revenue</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Revenues from other telecommunications services increased
by Rp617 billion, or 34.1%, from Rp1,812 billion in 2012 to Rp2,429 billion in
2013. The increase was primarily due to an increase of Rp260 billion, or 64.8%,
in lease</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> revenue, an increase in revenues from USO
compensation of Rp271 billion, or 114.3%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">primarily due to an increase in
USO projects to establish internet service centers in various provincial
capital cities in 2013 and an increase of Rp78 billion, or 73.6%, in CPE and
terminal revenue.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The increase was partly offset by a decrease in
revenues from pay TV of Rp131 billion, or 32.3% primarily due to the sale of
our 80% ownership in Indonusa, which provides pay TV services in October 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">g.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other Income</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other income increased by Rp22 billion, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">or 0.9%,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
from Rp2,559 billion in 2012 to Rp2,581 billion in 2013 primarily due to a
Rp1,383 billion gain recognized on our sale of 80% of our ownership in PT
Indonusa, and was partially offset by the lack of insurance compensation income
from Telkom-3 satellite in 2013, compared to insurance compensation revenue of
Rp1,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">772 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion in 2012.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2 </font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160; </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Expenses&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Total expenses increased by Rp3,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">650 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion, or
6.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">7</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%, from Rp54,20</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">0 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion in 2012 to Rp57,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">850 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion in
2013. The increase in expenses was attributable primarily to increases in
operations, maintenance and telecommunication services, depreciation and
amortization and general and administrative expenses.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Operations, Maintenance and
Telecommunication Services Expenses </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Operations, maintenance and telecommunications
services expenses increased by Rp2,536 billion, or 15.1%, from Rp16,796 billion
in 2012 to Rp19,332 billion in 2013. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The increase in operations, maintenance and
telecommunications services expenses was primarily attributable by the
following:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">An increase in operations and
maintenance of Rp1,655 billion, or 18.4%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">from Rp9,012 billion in 2012 to
Rp10,667 billion in 2013, primarily due to an increase in expenses associated
with increasing the capacity of receiver and transmission stations and
Telkomsel&#8217;s broadband services.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cost of IT services increased by
Rp455 billion, or 205.0%, from Rp222 billion in 2012 to Rp677 billion in 2013.
This increase was primarily due to expenses relating to an upgrade in Metra's
IT system as well as software license and outsourcing services expenses.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Electricity, gas and water
expenses increased by Rp184 billion, or 20.9%, from Rp879 billion in 2012 to
Rp1,063 billion in 2013, primarily due to an increase in electricity expenses
resulting from the increasing number of our BTS, the expansion of the network
for Telkomsel&#8217;s broadband services and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increase</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d electricity tariffs.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The increases was partially offset by a decreased in
insurance expenses by Rp297 billion, or 44.3%, from Rp671 billion in 2012 to
Rp374 billion in 2013 primarily due to the lack of satellite insurance</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> payment</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
for Telkom-3 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in 2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, which we paid in 2012</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our total operations, maintenance and
telecommunications services expenses accounted for 33.4% of our consolidated
expenses in 2013, compared to 31.0% in 2012</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>





<a name="_bclFooter67"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">62</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_68"></a><a name="_bclPageBorder68"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader68"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Depreciation and Amortization </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Depreciation and amortization</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increased by
Rp1,33</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion, or 9.2%, from Rp14,474 billion in 2012 to
Rp15,805 billion in 2013, primarily due to an </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">increase in depreciation expenses of</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Rp</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">1,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">235 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion,
or </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">8</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% from Rp13,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">898 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion in 2012 to Rp</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;">15,133 billion in 2013. The increase</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> in depreciation expenses was primarily</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;"> due to the increasing number of our BTS,
which impacts our depreciation expenses and impairment of assets in our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">fixed wireless business o</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">f </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Rp596 billion.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The impairment indicators on our fixed wireless CGU
continued to exist in 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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; 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 by
Rp596 billion at December 31, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3.
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The recoverable amount was determined
based on value in use (&quot;VIU&quot;) 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 method. 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 starting from 2014.
Management&#8217;s cash flow projection also incorporates management&#8217;s reasonable
expectations for developments in macro economic conditions and market
expectations for the Indonesian telecommunications industry. As of December 31,
2013, management applied a pre-tax discount rate of 13.5% derived from the
Company&#8217;s post-tax weighted average cost of capital and benchmarked to
externally available data. As of December 31, 2013, the perpetuity growth rate
used is 0% and assuming that subscriber numbers and ARPU may continue to
decrease after five years.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A 1% increase in the discount rate used would result
in an increase in impairment loss to become approximately Rp703 billion in
2013. 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 in the future.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">c.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Personnel Expenses </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Personnel expenses decreased by Rp131 billion, or
1.3%, from Rp9,960 billion in 2012 to Rp9,829 billion in 2013 due to no early
retirement programs being offered in 2013 which led to a decrease in early
retirement program expenses by Rp699 billion or 100.0% in 2013. This decrease
was partially offset by an increase in salaries and related benefits by Rp296
billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">or 9.1%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> from Rp3,257 billion in 2012 to Rp3,553 billion in
2013 due to an increase in basic salary and benefits, an increase in pension
benefit cost of Rp157 billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">or 18.9%, and an increase in employee</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8217;
income tax by Rp138 billion, or 13.5% due to an increase in salary and related
benefits.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection Expenses</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Interconnection expenses increased by Rp260 billion,
or 5.6%, from Rp4,667 billion in 2012 to Rp4,927 billion in 2013 primarily due
to an increase of Rp256 billion, or 7.4%, in domestic interconnection and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">access </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">expense,
primarily driven by the increase of 13.5% in domestic interconnection revenues.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">General and Administrative
Expenses</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">General and administrative expenses increased by
Rp1,119 billion, or 36.9%, from Rp3,036 billion in 2012 to Rp4,155 billion in
2013 due to an increase in provision for impairment of receivables by Rp674
billion, or 73.7%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> from Rp915 billion in 2012 to Rp1,589 billion in
2013. The increased was also due to a 59.1% increase in training, education and
recruitment expenses, which increased by Rp153 billion primarily due to cost
related to our global talent program to provide our employees with
international experience as part of our international expansion and a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">28.1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%
increase in general expenses which increased by Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">148&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion
primarily due to an increase in director and commissioner remuneration</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">This increase was partially offset by a 34.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%
decrease in social contribution expenses, which decreased by Rp44 billion in
2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">f.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Marketing Expenses</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Marketing expenses decreased by Rp50 billion, or 1.6%,
from Rp3,094 billion in 2012 to Rp3,044 billion in 2013 primarily due to a
decrease in advertising and promotion expenses by Rp93 billion, or 3.7%,
primarily due to our the selective use of media for promotion and increasing
group synergy in 2013.</font></p>





<a name="_bclFooter68"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">63</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_69"></a><a name="_bclPageBorder69"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader69"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">g.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Loss on Foreign Exchange - net</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Loss on foreign exchange - net increased by Rp60
billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, or 31.7%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, from Rp189 billion in 2012 to Rp249 billion in 2013.
The increase was primarily due to the appreciation of the US Dollar against the
Rupiah by 26.3% during 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">h.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">E</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">xpenses&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other expenses decreased by Rp1,493 billion,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> or 75.7%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,
from Rp1,973 billion in 2012 to Rp480 billion in 2013. The decrease primarily
related to derecognition in 2012 of the carrying value of the Telkom-3 Satellite,
which was built and launched, but failed to reach usable orbit, which amounted
to Rp1,606 billion. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3. </font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160; </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Operating Profit and Operating Profit Margin</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As a result of the foregoing, operating profit
increased by Rp2,230 billion, or 8.7%, from Rp25,497 billion in 2012 to
Rp27,727 billion in 2013. Operating profit margin increased from 33.1% in 2012
to 33.4% in 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4.</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;  </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Profit
before Income Tax and Pre - Tax </font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Profit
</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Margin&nbsp;</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As a result of the foregoing, profit before income tax
increased by Rp3,00</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">3 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion, or 12.5%, from Rp24,027 billion in 2012 to
Rp27,030 billion in 2013. Pre &#8211; tax</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
profit</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> margin slightly increased from
31.2% in 2012 to 32.6% in 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">5.</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160; </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Net Income Tax Expense</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Net i</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ncome tax
expense </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">increased </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">by Rp1,014 billion, or 17.2%, from Rp5,886 billion in
2012 to Rp6,900 billion in 2013, following the increase in profit before income
tax.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">6</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;  </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other
Comprehensive Income</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(Expenses) - Net</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Other comprehensive income-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">net </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increased by
Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">7,655 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion, or 3</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">01</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">%, from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">expenses by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Rp2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,540 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion in 2012 to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">income by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5,115 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">billion
in 2013 due to increase in defined benefit plan actuarial gain by Rp7,565</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,
or 294.8%, from losses in 2012 by Rp2,566 billion to gain by Rp4,999 billion in
2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">7</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&#160;&#160;&#160;&#160;  Net </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Comprehensive Income
for the Year</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Net c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">omprehensive
income for the year increased by Rp9,644 billion, or 61.8%, from Rp15,601
billion in 2012 to Rp25,245 billion in 2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">8</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;  </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Profit
for the Year Attributable to Owners of the Parent Company</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Profit for the year attributable to owners of the parent
company increased by Rp1,425 billion, or 11.3%, from Rp12,621 billion in 2012
to Rp14,046 billion in 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">9</font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;  </font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Net
Comprehensive Income for the Year Attributable to Owners of the Parent Company</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Net comprehensive income for the year attributable to owners
of the parent company increased by Rp8,962 billion, or 89.1%, from Rp10,056 billion
in 2012 to Rp19,018 billion in 2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">10.  </font></i><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Profit&nbsp;</font></i><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> per Share</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Profit </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">per share
increased by Rp14</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.32</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, or 10.9%, from Rp131.45 in 2012 to Rp145.77 in 2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Segment Overview</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have four main operating segments, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">described in more details as follows</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our home segment provides fixed
wireline telecommunications services, pay TV, data and internet services to
home customers.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our personal segment provides
mobile cellular and fixed wireless telecommunications to individual customers.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our others segment provides
building management services.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter69"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">64</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_70"></a><a name="_bclPageBorder70"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader70"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">For more detailed
information regarding our segment information, see Note 3</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">6&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> to our
Consolidated Financial Statements. Our segment results for the year</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s
ended 2012, 2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> were as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" style="font-size:10.0pt;">Telkom&#8217;s Results</font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> o</font></i></b><b><i><font face="Times New Roman" style="font-size:10.0pt;">f Operations </font></i></b><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">b</font></i></b><b><i><font face="Times New Roman" style="font-size:10.0pt;">y
  Segment</font></i></b></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 valign=bottom width=57% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Years Ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
  </td>
 <td colspan=2 valign=bottom width=28% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=41% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">US$ (million)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Corporate</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">External revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,579&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,041&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18,763&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,515&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Inter-segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,468&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,549&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,652&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">860&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,047&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">25,590&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,415&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,375&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment expenses</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(17,976)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(20,375)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(22,575)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,823)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Segment results</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,071&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,215&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,840&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">552&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  amortization </font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,079)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,423)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(2,699)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(218)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Impairment of assets</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(92)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(994)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(184)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(15)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Home</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">External revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7,360&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,669&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,682&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">540&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Inter-segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,223&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,794&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,667&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">215&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,583&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,463&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,349&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">755&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment expenses</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(7,939)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(8,885)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(8,894)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(718)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Segment results</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,644&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">578&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">455&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  amortization </font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,168)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,487)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,495)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(121)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Impairment of assets</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:10.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:10.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(505)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:10.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(390)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:10.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(467)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:10.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(38)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Personal</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">External revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">54,087&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">59,028&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">64,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,168&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Inter-segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,188&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,358&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,686&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">217&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">56,275&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">61,386&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">66,686&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,385&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment expenses</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(36,372)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(39,463)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(44,769)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(3,615)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Segment results</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,903&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21,923&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21,917&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,770&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  amortization </font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(10,940)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(11,234)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(12,071)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(975)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Impairment of assets</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(247)</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(596)</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(805)</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(65)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(318)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(202)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(133)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(11)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Other</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">External revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">117&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">229&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">251&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=41% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Inter-segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">648&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">909&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,632&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">132&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment revenues</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">765&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,138&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,883&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">152&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total segment expenses</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(685)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,008)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,718)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(139)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Segment results</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">80&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">130&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">165&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Depreciation and
  amortization </font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(22)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(40)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(61)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(5)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=43% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Impairment of assets</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=2 valign=bottom width=43% style="background:white;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Provision for impairment of
  receivables</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(3)</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Year ended
December 31, 2014 compared to year ended December 31, 2013.</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporate Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our corporate segment revenues increase by Rp3,825 billion, or
14.9%, from Rp25,590 billion in 2013 to Rp29,415 billion in 2014. The increase
was primarily due to an increased in others telecommunications services by Rp1,391
billion, or 30.8%, reflecting an increase in tower lease revenue by Rp678
billion, or 34.1%, in line with growth in the number BTSs by 31.2% and tower
tenants by 31.4%, an increase in management service revenue by Rp391 billion,
or 1,261.7%, and an increase in E-payment revenue to Rp341 billion, or 180.7%. Network
revenue increased by Rp682 billion, or 19.5%, due to an increase in transponder
revenue by Rp805 billion, or 48.5%, which partially offset by a decreased on
leased line revenue Rp129.4 billion, or 8.0%. Data and internet revenue
increased by Rp1,001 billion, or 12.5%, due to an increased in Astinet revenue
of Rp391 billion, or 71.2%, and an incrase in Metro E revenue by Rp430 billion
or 43.3%. Interconnection revenues increased by Rp317 billion, or 6.7%, due to an
increase in our wholesale voice revenue by Rp146 billion, or 25.1%, an increase
in SLI 007 incoming interconnection revenue by Rp91 billion, or 6.1%, an </font></p>





<a name="_bclFooter70"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">65</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_71"></a><a name="_bclPageBorder71"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader71"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increase in local cellular by Rp59 billion or 7.4%. Wireline revenue
increased by Rp437.8 billion, or 9.3% due to an increase in call center revenue
by Rp429 billion, or 41.5%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our corporate segment expenses increase by Rp2,200 billion, or
10.8%, from Rp20,375 billion in 2013 to Rp22,575 billion in 2014, primarily due
to an increased of Rp1,220 billion, or 12.9% in operating and maintenance
expenses as a result of higher
tower rent expenses which
increased by Rp599 billion, or 129.2%,site operating expense which increased by
Rp301 billion, and managed services expense which increased by Rp292 billion or
1,928.1%. Depreciation expense increased by Rp322 billion, or 14.7% due to an
increase in depreciation of equipment and installation of transmission by Rp187
billion, or 33.7% and an increase in depreciation expense of power supply by
Rp115 billion, or 50.7%. Interconnection expenses increased by
Rp178 billion, or 4.6%, and in foreign exchange gain decreased by Rp616
billion, or 92.5%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Home Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Our
home segment revenues decrease by Rp114 billion, or 1.2%, from Rp9,463 billion
in 2013 to Rp9,349 billion in 2014 primarily due to the decline in wireline
revenues by Rp302.4 billion, or 6.5% as a result of a decrease in local usage.
Other telecommunication service revenue decrease Rp431.3 billion, or 37.1% due
to decrease on pay TV revenue. This decrease was partially offset by the
increased in data and internet revenues by Rp488.5 billion, or 13.6%, due to
the increased in speedy revenue in line with the customer growth from 3.0
million to 3.4 million, or 12.8%, in 2014. Network revenue increased Rp84
billion, or 2,504.7%.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Our
home segment expenses increased by Rp9 billion, or 0.1% from Rp8,885 billion in
2013 to Rp8,894 billion in 2014, primarily due to a decreased in other income
by Rp739 billion, or </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">77.3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">%. This
increase was partially offset by a decrease in operating expense by Rp266.9
billion, or 2.9% and an increase in gain on foreign exchange by Rp418 billion,
or 109.7%.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Personal Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our personal segment revenues increase by Rp5,300 billion, or 8.6%
from Rp61,386 billion in 2013 to Rp66,686 billion in 2014, primarily due to an
increase in data and internet revenues (including SMS) by Rp4,270 billion, or
18.3%, which increased in Telkomsel cellular data by Rp3,538.9 billion, or
34.1%, due to a 48.3% increase in the number of data user subscribers to 67.9
million as of December 31, 2014 (including pay as you use) and a 234,862 TB, or
6.3%, increase in payload data traffic. SMS cellular revenue increased Rp1,017
billion, or 7.9%. Revenue from mobile cellular increased by Rp2,035 billion, or
6.3%, due to an increase in monthly cellular subscription revenue by Rp1,200
billion, or 17.8%, an increase in mobile long distance revenues by Rp488
billion, or 5.4%, and an increase in local cellular revenues by Rp381 billion,
or 2.7%. Supported by the increased in mobile subscriber by 7.0% from 131.4
billion in 2013 to 140.6 billion in 2014. Chargable MoU increased by 15.0% to
161.4 billion minutes in 2014.</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> Network revenue increase Rp215.7 billion, or 48.9% due to
increase in leased line collocation. This </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increases were </font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">partially offset by decrease in fixed wireless revenue Rp46</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">8&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion, or 46.9%, other telecommunication service revenue
Rp687 billion, or 135.3%, and interconnection revenue Rp64.9 billion, or 1.6%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our personal segmen</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">t&nbsp;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> expenses
increased by Rp5,306 billion, or 13.4% from Rp39,463 billion in 2013 to Rp44,769
billion in 2014, primarily due to an increase in operation and maintenance
expenses by Rp4,193 billion, or 25.4%, due to an increase of antenna and tower expense
by Rp1,014 billion, or 40.8%, and an increase in radio base station expense by
Rp447 billion, or 11.7%, due to the growth in the number of BTSs by 22.3% from
69,864 unit as of December 31, 2013 to 85.420 units as of December 31, 2014. Leased
line expense also increased by Rp799 billion, or 8,027.4%, satellite
transmission expense increased by Rp411 billion, or 9,724.6%, and O&amp;M
personnel outsourcing expense increased by Rp432.5 billion. Land and buildings
expenses increased by Rp270 billion, or 65.5%, in line with the increased in
the number of BTS and GraPARI outlets. USO expense increased by Rp223 billion,
or 29.4%. Operating and maintenance</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> supporting facilities increased </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">by </font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp18</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion, or 6.6%, rental expense</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> increased by</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> Rp159 billion, or 21.3%, radio frequency
usage charges </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">increased by </font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp15</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">8&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">
billion, or 4.7%, and </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">operating
and maintenance</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">
network increase</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d by</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> Rp9</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">
billion, or 2</font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">657.8%. </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Depreciation expense increased by Rp964
billion, or 8.3%, due to the increased in depreciation of equipment and
installation of transmission by Rp1,279 billion, or 18.6%,&#160; which were partially
offset by a decreased in depreciation expense lease assets - equipment and
installations transmission by Rp264 billion, or 29.5%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>





<a name="_bclFooter71"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">66</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_72"></a><a name="_bclPageBorder72"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader72"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;">Our other segment revenues
increase by Rp745 billion, or 65.5%,from Rp1,138 billion in 2013 to Rp1,883
billion in 2014 primarily due to an increase in building management revenue by
Rp499 billion, or 112.6%, due to an increase in building area leased by 5.5%, an
increase in transport management services revenue by Rp66 billion, or 116.8%,
an increase in security services revenue by Rp55 billion, or 20.6%, due to the
addition of personnel and an increase in the regional minimum wage in 2014, an
increase in management projects revenue by Rp50 billion, or 29.6%, and an
increase in property development revenue by Rp44 billion, or 62.1%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;">Our other segment expenses
increase by Rp710 billion, or 70.4%, from Rp1,008 billion in 2013 to Rp1,718 billion
in 2014 primarily due to an increased in operating and maintenance expense by Rp653
billion, or 79.0%, primarily due to an increase in electric costs by Rp495
billion, or 345.8%, an increase in security services expenses by Rp41 billion,
or 17.2%, due to the addition of personnel and salary increases as regional
minimum wage increased, an increased in transport management expense by Rp38
billion, or 321.7%, and an increase was also due to an increased in the
personnel expenses by Rp27 billion, or 28.7%, due to an increase in outsourcing
expense.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Year ended December 31, 2013 compared to year ended
December 31, 2012</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporate Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our corporate segment revenues increased by Rp3,543
billion, or 16.1%, from Rp22,047 billion in 2012 to Rp25,590 billion in 2013. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">The increase was primarily due to an increase
of Rp1,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">395&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> billion, or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">27</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">0</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%, in revenues from data and internet
revenues, reflecting an increase in value added services revenue as well as an
increase in Metro Ethernet E-LINE monthly revenue due to the migration from low
cap connectivity to high cap connectivity. Revenues from other
telecommunications services increased by Rp1,192 billion, or 35.7%, as a result
of an increase in tower lease revenues in line with the growth in tenancy
ratio, and an increase in support CPE revenues. Network revenues increased by
Rp51</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> billion, or 16.1%, primarily reflecting an increase
in C-band satellite transponder monthly subscription revenue due to higher
market demand, and an increase in International Ethernet Private Line (I</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">E</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">PL)
revenue. Interconnection revenues increased by Rp347 billion, or 6.2%, primarily
as a result of an increase in IP transit monthly subscription revenue due to
higher demand for internet connectivity from ISPs and corporate customers, and
an increase in revenues from wholesale voice. A decline of Rp243 billion, or
29.3%, was recorded in IDD 007 retail OLO origin interconnection revenue due to
the discontinuance of a promotion which we operated in 2012 which had driven
interconnection revenues but which did not provide satisfactory margins and
thus was discontinued in 2013.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our corporate segment expenses increased by Rp2,399 billion,
or 13.3%, from Rp17,976 billion in 2012 to Rp20,375 billion in 2013,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> primarily due to an increase of Rp1,985
billion, or 26.9%, in operation and maintenance expenses as a result of higher
tower rent expenses as well as an increase in hardware system integration
expense in line with the growth of solution services provided to our corporate
customers. General </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">administration expenses increased by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rp1,087 billion, or 99.0% reflecting
increases in provision expenses for telecommunication services receivables,
director</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and commisioner </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">remuneration, and in employee training expenses </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">relating to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">g</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">lobal </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">t</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">alent </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">rogram. Marketing expenses increased by Rp253 billion,
or 52.6%, reflecting increases in customer education expense and in marketing
expenses primarily relating to promoting and educating customers about our new
products. A decline of Rp898 billion, or 69.2%, was recorded in other expenses
due to a decline in other operating expenses
primarily relating to loss of Telkom-3
satellite which was built and launched but failed to reach useable orbit in
2012, which was not repeated in 2013, while the decline of Rp6 billion, or
0.2%, in personnel expenses reflected a decline in employee severance payment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">partially offset</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> by an increase in</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ost-retirement healthcare benefit expenses.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Home Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our home segment revenues decreased by Rp120 billion,
or 1.3%, from Rp9,583 billion in 2012 to Rp9,463 billion in 2013, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">primarily due to a decline of Rp71</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
billion or 13.2%, in fixed wireline revenue, reflecting a decline in local
usage revenue and in monthly subscription revenue in line with the shift in
customer communication behavior trends. These were partially offset by an
increase in other telecommunication services of Rp22</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">6&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
billion, or 24.6%, due to increases in CPE lease revenue. Data and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">i</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">nternet
revenues increased by Rp159 billion, or 4.7%, due to an increase in monthly
subscription revenue for Speedy in line with the 28.7% growth in Speedy
customer base to 3.0 million subscribers. </font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our home segment expenses increased by Rp946 billion,
or 11.9%, from Rp7,939 billion in 2012 to Rp8,885 billion in 2013,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> primarily due to an increase of Rp1,497
billion, or 136.8%, in operation and maintenance expenses</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. A decline of Rp568 billion, or 86.0%, was recorded
in other expenses, due to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">decline in other operati</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ng&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> expenses primarily
relating to supervising construction. </font></p>





<a name="_bclFooter72"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">67</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_73"></a><a name="_bclPageBorder73"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader73"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Personal Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our personal segment revenues increased by Rp5,111 billion,
or 9.1%, from Rp56,275 billion in 2012 to Rp61,386 billion in 2013, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">primarily due to an increase of Rp1,31</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
billion, or 4.3%, in cellular revenues, reflecting an increase in long distance
cellular revenue as well as in cellular monthly subscription revenue due to a
5.1% growth in our cellular subscribers base to 131.5 million subscribers. Data
and internet revenue increased by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rp3,275
billion, or 16.3%, due to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">an&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> increase in cellular data communication revenue in
line with the 10.8% growth in </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">our
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">data services users to 60.5 million
users, and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">an&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 86.1% growth in data traffic. Cellular SMS revenue
also increased due to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">the&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> promotion of our </font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">simPATI&nbsp;</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and kartu As
products. Other telecommunication services revenue increased by Rp271 billion,
or 114.3%. Network revenues increased by Rp173 billion, or 64.8%. Revenue from
fixed wireless decreased by Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">174&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion, or 1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">%, reflecting </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">a&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
decline of Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">129&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion, or </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">22</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">%, in local
prepaid usage in line with our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">migration
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">strategy for our fixed wireless business.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
personal segment expenses increased by Rp3,091 billion, or 8.5%, from Rp36,372
billion in 2012 to Rp39,463 billion in 2013, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">primarily due to an increase of Rp1,475 billion, or
14.6%, in depreciation expense, which reflected an increase in provision for
asset impairment loss </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">primarily relating
to our fixed wireless business as a result of lower tariffs and declining
customers in the fixed wireless market</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and an increase in depreciation of leased assets. Operation and
maintenance expenses increased by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Rp1,930
billion,or 13.2%, as a result of the increase in operation </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
maintenance expenses for support facilities, operation and maintenance expenses
for antenn</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">a&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and towers due to accelerated BTS construction by
Telkomsel, and in operation and maintenance expenses for building
installations.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Other Segment</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
other segment revenues increased by Rp373 billion, or 48.8%, from Rp765 billion
in 2012 to Rp1,138 billion in 2013, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">reflecting an increase of Rp372 billion, or 48.6%, in GSD other
telecommunication revenues, primarily as a result of an increase of Rp105.0
billion, or 31.0%, in building maintenance services revenue as well as an
increase in security services revenue due to tariff adjustments. Revenue from
project management increased by Rp57 billion, or 51.3%, reflecting enhanced
synergies within the Telkom Group </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as
we implemented a strategy for all our subsidiaries to use </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">GSD&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> for building
management in 2013</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. Revenue from
management transport services a new line of business recorded an increase of
Rp56.9 billion, or 100%, from 2012, while revenue from building lease increased
by Rp46 billion, or 65.0%, due to an increase in rental rates.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our
other segment expenses increased by Rp323 billion, or 47.2%, from Rp685 billion
in 2012 to Rp1,008 billion in 2013, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">primarily
reflecting an increase of Rp260 billion, or 46.0%, in operation and maintenance
expenses, due to increases in project management expenses, electricity bills,
and in third-party cooperation expenses. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Personnel
expenses increased by Rp29 billion, or 44.0%, primarily due to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">an&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
increase</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">outsourcing expenses.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">LIQUIDITY&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Liquidity Sources</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The main source of our corporate
liquidity is cash provided by operating activities and long-term debt through
the capital markets as well as long-term and short-term loans through bank
facilities. We divide our liquidity sources into internal and external
liquidity.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Internal Liquidity Sources</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To fulfill
our obligations</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">we rely primarily on our internal liquidity. As of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, we had Rp17,672 billion in cash and cash
equivalents available</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,
which increased by Rp2,976 billion compared to Rp14,696 billion in 2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. In 2014, the increase of cash
flow provided by operating activities primarily arise from cash receipts from customers of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp84,748 billion. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We made net repayments of current indebtedness for
borrowed money of Rp5,843 billion
in 2012, Rp6,239 billion
in 2013 and Rp7,724 billion in 2014. Cash out flows in 2014
reflected payments for short-term loans of Rp2,247
billion and long-term loans and other borrowings of Rp5,477 billion.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our internal liquidity strength is reflected in our current ratio, which we calculate as current assets divided
by current liabilities</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As of December
31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2014, our current ratio
was </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to 106.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">compared
to </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">11</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">5,9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% as of December 31,
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">2013.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





<a name="_bclFooter73"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">68</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_74"></a><a name="_bclPageBorder74"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader74"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">B.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">External Liquidity Sources</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our primary external sources of liquidity
are short and long-term bank loans, two-step
loans, bonds and notes payable. In 2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">we used external liquidity</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;"> bank loans of Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">10,206 </font><font face="Times New Roman" lang=NO-BOK style="font-size:10.0pt;line-height:normal;">billion and other borrowings of Rp248
billion</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Outstanding Liquidity
Sources</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As of December 31,2014, we had undrawn loan facilities
which include the following sources of unused liquidity:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Bank
CIMB Niaga loan facility in the amount of Rp820 billion</font><font face="times new roman" lang=SV style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">BNI
loan facility in the amount of Rp234 billion</font><font face="times new roman" lang=SV style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Bank
Ekonomi Raharja loan facility in the amount of Rp</font><font face="times new roman" lang=IN style="font-size:10.0pt;">70 </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">billion</font><font face="times new roman" lang=SV style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Bank
Danamon loan facility in the amount o</font><font face="times new roman" lang=SV style="font-size:10.0pt;">f </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Rp20 billion</font><font face="times new roman" lang=SV style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">BRI
loan facility in the amount of Rp6 billion</font><font face="times new roman" lang=SV style="font-size:10.0pt;">;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=SV style="font-size:10.0pt;">-</font><font face="times new roman" lang=SV style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Syndicated
loan facility of BNI, BRI and Bank Mandiri in the amount of Rp103 million.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=SV style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net Cash Flows</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=46% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=8 valign=bottom width=52% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Years ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=46% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=46% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">(</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">Rp
  billion)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#365f91 face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net cash:</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=46% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">provided by operating
  activities</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,941&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36,574&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37,736&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,047&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=46% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">used in investing activities</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(11,311)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(22,702)</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(24,748)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(1,999)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=46% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">used in financing activities</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(13,314)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(13,327)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(10,083)</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(814)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Net increase in cash and
  cash equivalents</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,316&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">545&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,905&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">234&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Effect of exchange rate
  changes on cash and cash equivalents</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">168&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,039&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">71&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Cash and cash equivalents at
  beginning of year</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,634&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,118&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,696&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,187&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Ending balance of disposed subsidiary</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">(6)</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=48% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Cash and cash equivalents at
  end of year</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,118&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,696&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,672&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,427&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Year ended December 31, 2014 compared to year ended December 31, 2013</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cash Flows from Operating Activities</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Net cash provided by operating activities in 2014 was Rp</font><font color=windowtext face="Times New Roman" lang=SV style="font-size:10.0pt;">37,736 billion</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (US$</font><font color=windowtext face="Times New Roman" lang=SV style="font-size:10.0pt;">3,047&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
million) compared to Rp</font><font color=windowtext face="Times New Roman" lang=SV style="font-size:10.0pt;">36,574&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion in 2013. The increase was due to an increase of Rp7,593 billion, or 9.3%,
in cash receipts from customers and other operators and an increase of </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp404 billion</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> or 48.6%, </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in cash receipt</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> from</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">
interest income. </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">This
was partially offset by an increase of cash payment</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">s for expense</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s of </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp5,</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">684 billion,</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;"> or 20.</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">7</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">%</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, cash
payment</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> for taxes Rp555 billion, or 7.5%,
and cash payment for interest costs of Rp435 billion, or 29.5%</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cash Flows from
Investing Activities</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net cash flows used
in investing activities in 2014 was Rp24,748 billion (US$1,99</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">9
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">million) compared to Rp22,702 billion in
2013. This increase was primarily due to an increase of Rp5,845 billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or 28.8%,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
in acquisitions of property and equipment and intangible assets</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">i</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ncrease </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">escrow account by Rp2,121 billion,
or 100%, Rp1,467 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,
or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">7,335.0</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%, in our acquisition of long</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">term
investment</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, and increase in advances for
purchases of property and equipment by Rp1,033 billion, or 133.3%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">This
was partially offset by an increase of Rp8,466 billion or 370.0% </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">on our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">net
proceeds from</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> time deposit</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">s.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cash Flows from
Financing Activities</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net cash flows used
in financing activities was Rp10,083 billion (US$814 million) in 2014 compared to
Rp13,327 billion in 2013. This de</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">crease
was primarily due to</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> an</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> increase in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">proceeds from loans and other borrowings </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">by Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">6</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">16 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">billion, or 1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">95</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">This was partially offset by an increase of Rp2,384 billion,
or 18.3%, in cash dividends paid to our stockholders and an increase of Rp1,485
billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">23</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">8</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%, in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">payment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> for loans and other borrowings.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Year ended December 31, 2013
compared to year ended December 31, 2012</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Cash Flows from Operating Activities</font></i></p>


<a name="_bclFooter74"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">69</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_75"></a><a name="_bclPageBorder75"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader75"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=IN style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Net cash provided by operating activities in 2013 was Rp</font><font color=black face="Times New Roman" lang=SV style="font-size:10.0pt;">36,574 billion</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> (US$</font><font color=black face="Times New Roman" lang=SV style="font-size:10.0pt;">3,004&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> million) compared to Rp</font><font color=black face="Times New Roman" lang=SV style="font-size:10.0pt;">27,941&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion in 2012. The increase was primarily due to an increase of Rp5,103 billion, or 7.1%, in </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">cash receipts from customers</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> and from other telecommunications operators
of Rp528 billion, or 13.2%, due to the increase in our operating revenue, and
decrease of Rp</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">6,211&nbsp;</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;"> billion, or </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">18.5</font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">%, of cash payments for </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;">expenses. This was partially offset
by an increase of Rp1,809 billion, or 32.4%, in payment for income taxes and
cash payments to employees of </font><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Rp1,721
billion, or 21.1%.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=blue face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cash Flows from
Investing Activities</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net cash flows used
in investing activities in 2013 was Rp22,702 billion (US$1,865 million)
compared to Rp11,311 billion in 2012. This increase was primarily due to an
increase of Rp11,423 billion, or 139.0%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in acquisition of property and equipment primarily
relating to property under construction, transmission installation and
equipment and cable network.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Cash Flows from
Financing Activities</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Net cash flows used
in financing activities totaled Rp13,327 billion (US$1,095 million) in 2013
compared to Rp13,314 billion in 2012. This increase was primarily due to an
increase of Rp4,112 billion, or 235.8%, in proceed from sale of treasury stock.
This was partially offset by an increase of Rp1,227 billion, or 17.2%, in cash
dividends paid to our stockholders due to the increase of our operating profit
and a decrease of Rp1,349 billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> or 27.6%</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> in proceed from loan and other borrowings.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">Current Assets</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">As of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014, our</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;"> current assets were </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">34,294
billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (US$</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">2,769 million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">)
compare to Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">33,672 billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> as of December 31, 2013. The </font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">increase&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> in
current assets was primarily due to the increase of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">our cash and cash equivalents Rp2,976 billion or 20.3</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">%, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">trade
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and other </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">receivables of Rp362 billion, or 5.2%, advances and
prepaid expenses of Rp796</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or 20.2%, and prepaid other taxes of Rp676</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,
or 141.7%. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">This </font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">increase&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> was
partially offset by a </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">decrease&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Rp4,075
billion, or 59.3%, in our other current financial assets.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">Current Liabilities</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">Current liabilities were </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">32,318 billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (US$</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2,609&nbsp;</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;"> million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">)
a</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">s of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2014 and Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">29,034
billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> a</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">s of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2013.
The </font><font face="Times New Roman" lang=SV style="font-size:10.0pt;line-height:normal;">increase </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in current
liabilities was primarily due to: </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">An </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">increase of Rp559</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or 59.3%</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> in current income tax liabilities;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">An increase of Rp473 billion, or
13.6%, in unearned income</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">An </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">increase of Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2,184
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">billion, or </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">39</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">%, in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">short-term loans and current maturities of long-term
borrowings.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Working
Capital</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Net
working capital, calculated as the difference between current assets and
current liabilities, amounted to Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;">4,638&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion as of December 31, 2013 and Rp</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;">1,976&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
billion (US$</font><font face="Times New Roman" lang=SV style="font-size:10.0pt;">160&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> million) as of December 31, 2014. The decrease in net
working capital was primarily due to:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">A&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> decrease of Rp4,075 billion in other current
financial assets;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">An increase of Rp2,184
billion in short-term loans and current maturities of long term </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">borrowings;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=IN style="font-size:10.0pt;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">An increase of Rp559
billion in current income tax liabilities;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=IN style="font-size:10.0pt;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">An increase of Rp</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">473&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
billion in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">unearned income</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">;&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and
offset by</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">An increase of Rp2,976
billion in cash and cash equivalents</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<a name="_bclFooter75"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">70</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_76"></a><a name="_bclPageBorder76"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader76"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Capital Structure</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our capital
structure as of December 31, 2014 is as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:9.75pt;">
  <td rowspan=2 valign=top width=72% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Amount</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Portion (%)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=top width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=72% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Short-term Debt</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,810&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.99&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=72% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Long-term Debt</font></p>
  </td>
 <td valign=top width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 21,642&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 23.76&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=72% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total
  Debt</font></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 23,452&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">25.75&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=72% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Equity attributable to
  owners</font></p>
  </td>
 <td valign=top width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 67,646&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">74.25&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.9pt;">
  <td valign=bottom width=72% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:15.9pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:13.5pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=top width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:15.9pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:15.9pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">91,098&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:15.9pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:15.9pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">100.00</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We take a
qualitative approach towards our capital structure and debt levels. Under our
syndicated loan agreement with BNI</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
and</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> BRI, 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, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, our debt to equity ratio was 34.7%
and our debt service coverage ratio was </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4.8</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, 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;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">For futher information on our Company&#8217;s management policies related to
capital, see Note 4</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> to our Consolidated Financial Statements.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Indebtedness</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Consolidated total indebtedness (consisting of
short-term </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">and long-term </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">loans and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">other
borrowings</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">) as of December 31, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and
201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> were as follows:</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=42% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=8 valign=bottom width=58% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">As of December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(US$ million)</font></b></p>
  </td>
 </tr>
<tr style="height:11.75pt;">
  <td valign=bottom width=42% style="background:#c6d9f1;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Indonesian Rupiah</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,192&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">17,543&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,013&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,615&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.75pt;">
  <td valign=bottom width=42% style="background:white;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">US Dollar<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,052&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,734&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,643&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">213&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.75pt;">
  <td valign=bottom width=42% style="background:#c6d9f1;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Japanese Yen<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,031&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">979&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">796&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">64&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.75pt;">
  <td valign=bottom width=42% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,275&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20,256&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">23,452&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:11.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,892</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">The amounts as of December 31,
2012, 2013 and 2014 translated into Rupiah at Rp9,645, Rp12,180 and Rp12,390 =
US$1, respectively, being the Reuters offer rates for US Dollar at each of
those dates.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(2)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">The amounts as of December 31,
2012, 2013 and 2014 translated into Rupiah at Rp111.8, Rp115.9 and Rp103.6 =
Yen 1, respectively, being the Reuters offer rates for Yen at each of those
dates.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Of our total
indebtedness as of December 31, 2014, </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">R</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">p7</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">709 billion </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">Rp6,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">210&nbsp;</font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;"> billion, Rp4,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">222 billion and Rp5,311 billion were scheduled for
repayment in 2015, 2016 to 2017, 2018 to 2019 and thereafter, respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">For further
information on our Company&#8217;s indebtedness, see Notes 1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">8</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">-19 to our
Consolidated Financial Statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CAPITAL
EXPENDITURES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In
2014, we incurred capital expenditures of Rp24,661 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(US$1,991 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">).
Our capital expenditures are grouped into the following categories for planning
purposes:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Broadband services</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, which consist of broadband, IT, application and
content and service node; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Network infrastructure</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, which consists of core transmission network, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">m</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">etro-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">e</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">thernet
and Regional Metro Junction (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">RMJ</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">), </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">IP&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> backbone and satellite; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Optimizing legacy, for fixed
wireline</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Capex supports</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>





<a name="_bclFooter76"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">71</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_77"></a><a name="_bclPageBorder77"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader77"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Of
our Rp24,661 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">capital expenditure in 2014, Telkom (as parent
company) incurred capital expenditures of Rp8,099 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion (US$654 million)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, Telkomsel incurred capital expenditures of Rp13,002 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">billion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(US$1,050
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">) and our other subsidiaries incurred capital
expenditures of Rp3,560 b</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">illion </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(US$287 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">million</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">) as follows:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Table
of realization of our capital expenditure</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=5 valign=bottom width=61% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Years Ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:11.4pt;">
  <td valign=bottom width=4% style="background:white;height:11.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% style="background:white;height:11.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:11.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-top:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-top:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:6.75pt;">
  <td valign=bottom width=4% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:6.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Telkom (parent company)</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 4,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,313&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 8,099&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Subsidiaries</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Telkomsel</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 10,656&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 15,662&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,002&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=33% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,576&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,923&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 3,560&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Subtotal for subsidiaries</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,232&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 19,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 16,562&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.65pt;">
  <td colspan=2 valign=bottom width=37% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total for Telkom Group</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;"> 17,272&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;"> 24,898&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:4.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;"> 24,661&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Material
Commitments for Capital Expenditures</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4, we
had material commitments for capital expenditures under contractual
arrangements totaling Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">16,195&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion, principally relating to procurement and
installation of the switching equipment, transmission equipment and cable
network. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">For a more
detailed discussion regarding our material commitments for capital
expenditures, see Note 38a to our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Consolidated
Financial Statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Source of Funds</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have historically
funded our capital expenditures primarily with cash generated from operations.
In 2015, we </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">expect that our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">capital expenditure to revenue ratio </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">will be approximately </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in the range of 25%-30%. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">We expect that of the total increase in amount of
capital expenditure in 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">5 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">over 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, the
most significant proportions </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">will be
allocated broadband services </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">with
a portion of the increase allocated to our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">subsidiaries.
We expect to fund the above commitments with our internal and external source
of funds. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The realization of
the future capital expenditures may differ from the amounts indicated above due
to various factors, including but not limited to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">changes in </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the
Indonesian and global economy, the Rupiah/US Dollar or other applicable foreign
exchange rates, the availability of supply or vendor or other financing on
terms acceptable to us, and also any technical or other problems in the
implementation.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Critical
Accounting Policies, Estimates and Judgments</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">For a complete
discussion of our critical accounting policies, estimates and judgments, see
Note 2 to our Consolidated Financial Statements.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">New Standards and Interpretations</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See Note 4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> to our
Consolidated Financial Statements for a discussion of the new standards,
amendments to standards and interpretations that are issued, but not yet
effective for the year ended December 31, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and have not
been applied in preparing the Consolidated Financial Statements.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">RESEARCH AND DEVELOPMENT,
PATENTS AND LICENSES, ETC.</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As a
technology-based company, we continue to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">focus on</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> product and service </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">innovation </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">through ongoing
research and development programs. Our research and development activities are
under</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> the</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Innovation &amp; Strategic Portfolio Directorate,
Innovation &amp; Design Center (&#8220;IDeC&#8221;) unit. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following are </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">the principal </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">activit</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">es&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">IDeC:&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Act as TIMES product development
center, through innovation incubation management, either from internal or
external parties.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">New digital business ecosystem
development.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Research on new technology, infrastructure,
product and business.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Preparation of technology standard
and implementation of product &amp; infrastructure quality assurance.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=IN style="font-size:10.0pt;line-height:normal;">&#183;</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Providing solution on operational
issues as technical analysis</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>





<a name="_bclFooter77"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">72</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_78"></a><a name="_bclPageBorder78"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader78"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">According to 2014
our Core Program of, to support Telkomsel Double Digit Growth, Indonesia
Digital Network and International Expansion, the I</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">D</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">eC also covers 10
areas including: Creative Center &amp; Indigo Incubator, e</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Tourism, Portal
Hi Indonesia, Apps. Hi City, Mini Lab IDN, Radio 2.0, Smart Home Box, Smart
Building, Upoint Phase 2, SDP &amp; IMS</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> Integration</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As part of our Indigo
Incubator Program in 2014 for external innovations, there were 398 proposals
submitted by startups of which we selected 17 product innovations to be incubated
through Bandung Digital Valley (BDV) and Jogja Digital Valley (JDV) business
incubators.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We routinely make
investments to improve products and services. Total expenditure was approximately
Rp13 billion, Rp1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> billion and Rp4 billion (US$3 million), in 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and
201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> respectively.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">D.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TREND INFORMATION</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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) an increase in cellular telephone revenues
with increases in subscribers, minutes of us</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">age</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, ARPU and
regulatory aspects</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (ii) an increase in revenues from data, internet and
information technology services revenues, and (iii) a decrease in fixed lines
telephone revenues.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> See
&#8220;Operating Results&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We believe favorable external factors,
among others, will support our ability to continue to drive revenue growth from
data, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">internet&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and information technology services as well as from
mobile phone services. Indonesia's economy recorded a relatively robust growth
in recent years </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">despite a
sluggish global economy</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. With good
economic fundamentals, Indonesia&#8217;s national economy is expected to continue to
grow steadily, with a corresponding increase in consumer purchasing power,
which in turn is expected to result in higher demand for 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>

<p style="margin-bottom:9.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In the longer term, Indonesia&#8217;s 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 the 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 Super</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> H</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ighway
project (i.e. the Palapa ring project known as id-Ring), 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 IMES areas.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We believe the shift
in consumer preferences towards a digital lifestyle will be a key
factor that we expect will drive our business in the future. We believe this
will lead to continuing increase in broadband demand (including mobile
broadband), compensating for the decline of our legacy business (both fixed
wireline and cellular telephone revenue and SMS revenue). We expect the increase
in demand for data communications and corporate internet to continue next year
as we increase our capacity to cover more small and medium enterprises.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have no information
to be disclosed regarding </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">trends,
uncertainties, demands, commitments or events that are reasonably likely to
have a material effect on the company</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> in
2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter78"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">73</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_79"></a><a name="_bclPageBorder79"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader79"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">OFF-BALANCE SHEET
ARRANGEMENTS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">A</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s of
December 31, 2014, 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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">F.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following table
sets forth information on certain of our material contractual obligations as of
December 31, 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=top width=2% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=35% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=9 valign=top width=63% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">By Payment Due Dates </font></b></p>
  </td>
 </tr>
<tr style="height:24.75pt;">
  <td colspan=2 width=37% style="background:white;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Contractual Obligations</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;"> Total </font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Less than 1  year <sup>(7)</sup></font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=11% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">1-3 years <sup>(7)</sup></font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=11% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;"> 3-5 years <sup>(7)</sup></font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=13% style="background:white;border-top:solid black 1.0pt;height:24.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">More than 5  years <sup>(7)</sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=top width=2% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=35% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=12% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 <td valign=top width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=top width=13% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Long-Term Debts<sup>(1)(5)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,853&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 5,328&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,035&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,059&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,431&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Capital Lease Obligations<sup>(2)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,789&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">571&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,175&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,163&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,880&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=37% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Operating Leases Obligation<sup>(3)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29,373&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,847&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,791&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,426&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,309&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:20.4pt;">
  <td colspan=2 valign=bottom width=37% style="background:white;height:20.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Interest on Long-term Debts
  and Capital Lease Obligations <sup>(6)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 6,097&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,718&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,323&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,337&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:20.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">719&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=2 valign=bottom width=37% style="background:#c6d9f1;height:8.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Unconditional Purcha</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">s</font><font face="Times New Roman" style="font-size:9.0pt;">e
  Obligations <sup>(4)</sup></font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,195</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,195</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=2 valign=bottom width=37% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" style="font-size:9.0pt;">Total
  </font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">73,307</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,659</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,324</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,985</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid windowtext 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18,339</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">See Notes 18-19 to our Consolidated
Financial Statements. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(2)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Related to the leases of the slot
site of the tower, property and equipment under RSA, transmission installation
and equipment, data processing equipment, office equipment, vehicles and CPE
assets.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(3)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Related to leases of leased line,
telecommunication equipment and land and building.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(4)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Capital expenditures committed
under contractual arrangements.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(5)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Excludes the related contractually
committed interest obligations. </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(6)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">See </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Item 3 &#8220;Key Information - </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Business Overview </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">- </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Risk Factors </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">- </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Risks Related to Our Business </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">- </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Financial Risks </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">- </font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">We are exposed to interest rate risk</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&#8221;</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">(7)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Less than 1 year = 2015, 1-3 years
= 2016-2017, 3-5 years = 2018-2019, more than 5 years = 2020 thereafter</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See Note 38 to our
Consolidated Financial Statements for further details on our contractual commitments.
In addition to the above contractual obligations, as of December 31, 2014, we
had long-term liabilities for pension benefit</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">other post-employment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> benefits, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">post-employment health care benefits and long service
awards. In 2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> we contributed Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">226 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">billion to our post-employment</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> health care</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
benefits and Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">8 billion to our defined benefit pension plan. See
Note 33 to our Consolidated Financial Statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">G.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SAFE HARBOR</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">All information that
is not historical in nature disclosed under &#8220;Off-Balance Sheet Arrangements&#8221;
and &#8220;Tabular Disclosure of Contractual Obligations&#8221; is deemed to be a
forward-looking statement. See &#8220;Forward-Looking Statements&quot;.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM6></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A. &#160;&#160; DIRECTORS
AND SENIOR MANAGEMENT</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:13.5pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>





<a name="_bclFooter79"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">74</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_80"></a><a name="_bclPageBorder80"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader80"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Board
of Commissioners</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In accordance with Telkom
Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2014, the
Board of Commissioners and Board of Directors went through some changes. As of December 31, 2014, the Board of
Commissioners consisted of seven members as listed below:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=20% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Name</font></b></p>
  </td>
 <td width=4% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Age</font></b></p>
  </td>
 <td width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Date of Birth</font></b></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=NL style="font-size:9.0pt;">Citizenship</font></b></p>
  </td>
 <td valign=top width=14% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Domicile</font></b></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Commissioner Since</font></b></p>
  </td>
 <td width=20% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Position</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Hendri
  Saparini</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" style="font-size:9.0pt;">50</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">June 16, 1964</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">President
  Commissioner</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dolfie
  Othniel Fredric Palit</font></p>
  </td>
 <td valign=top width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" style="font-size:9.0pt;">46</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">October 27, 1968</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Commissioner</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Imam
  Apriyanto Putro</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" style="font-size:9.0pt;">50</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">March 22, 1964</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Commissioner</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Hadiyanto</font></p>
  </td>
 <td valign=top width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" lang=IN style="font-size:9.0pt;">52</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">October 10, 1962</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Commissioner</font></p>
  </td>
 </tr>
<tr style="height:9.85pt;">
  <td valign=top width=20% style="background:#c6d9f1;height:9.85pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Parikesit
  Suprapto</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" lang=IN style="font-size:9.0pt;">63</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">August 8, 1951</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.85pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Independent
  Commissioner</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Johnny
  Swandi Sjam </font></p>
  </td>
 <td valign=top width=4% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" style="font-size:9.0pt;">54</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">August 15, 1960</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2011</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Independent
  Commissioner</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Virano
  Gazi Nasution</font></p>
  </td>
 <td valign=top width=4% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" lang=IN style="font-size:9.0pt;">46</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">August 23, 1968</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=14% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Independent
  Commissioner</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
Board of Commissioners is responsible for supervising and providing advice to
the Board of Directors. The Board of Commissioners consists of seven members,
one of whom is designated the President Commissioner. In accordance with the
OJK regulations and IDX rules which require 30% of our Board of Commissioners
to be independent, the following Commissioners have been designated as our
Independent Commissioners: Parikesit Suprapto,
Johnny Swandi Sjam and Virano Gazi
Nasution. The principal duty of such Independent Commissioners, in addition to
exercising supervision, is to represent the interests of the minority
shareholders. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=bottom width=18% style="border:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Name</font></b></p>
  </td>
 <td valign=bottom width=24% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Function</font></b></p>
  </td>
 <td valign=bottom width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Position and Appointment Basis</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Education</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Career</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Hendri Saparini</font></p>
  </td>
 <td rowspan=7 valign=top width=24% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Duties of the Board
  of Commissioners</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Overseeing the Company&#8217;s policies made by the Board
  of Directors and providing the Board of Directors with advice on, among
  others, the Company's development plan, the Company&#8217;s annual budget and work
  plan, the implementation of the provisions of the Articles of Association of
  the Company and AGM decisions and legislation with regard to the interests of
  the Company</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Performing duties, authorities and responsibilities
  in accordance with the Articles of Association of the Company and AGM
  decision</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Researching and reviewing the Annual Report prepared
  by the Board of Directors as well as signing the Annual Report.</font></p>
  <p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Authorities
  of Board of Commissioners</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Giving opinion and suggestion to AGM regarding
  periodic reports and other reports of the Board of Directors</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Overseeing the implementation of the Company&#8217;s work
  plan and budget (including the investment budget) for the previous financial
  year and to submit the results of the assessment and
  opinion to the AGM</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Following the Company&#8217;s development activities and in
  the event that the Company show withdrawal symptoms, immediately asked the
  Board of Directors to announce to shareholders and provide advice on
  corrective measures that should be taken</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Providing opinion and suggestion to the AGM on any
  other issues deemed important to the management of the Company</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Proposing to the AGM, through the Board of Directors,
  on the appointment of a public accounting firm to audit the Company's
  Financial Statements, including the audit of internal control over financial
  reporting, according to existing regulations from the capital market
  authority in which the Company's shares are registered and / or recorded</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Providing a report on the monitoring task has been carried
  out during the past financial year to the GMS</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:12.15pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-9.0pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Performing other supervisory duties prescribed by the
  AGM.</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">President Commissioner, appointed based on the result of
  Telkom Extraordinary General Meeting of Shareholders (EGMS) on December 19,
  2014.</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Bachelor of Arts in Economics from Gajah Mada University
  (1988); Master in International Development Policy from Tsukuba University,
  Japan and a doctorate degree in International Political Economy from Tsukuba
  University, Japan.</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Hendri Saparini was a
  Expert Staff of Ministr</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">y&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;"> of
  Cooperation and SME/Head of Indonesian SME Development Agency, Economic
  Lecturer on Magister Management Gajah Mada University, Magister Management
  Faculty of Development Studies Bandung Institute of Technology, Doctoral
  Program Economic Faculty UMS, Economic Consultant in several financial
  institutions, Bank Indonesia, and international institution, as well as
  Managing Director Centre of Reformation (CORE Indonesia).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Dolfie Othniel
  Fredric Palit</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Commissioner, appointed by Telkom Extraordinary General
  Meeting of Shareholders (EGMS) on December 19, 2014.</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Bandung Institute of
  Technology, 1995</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Dolfie Othniel
  Fredric Palit has served as Executive Director at Yayasan Bumi Indonesia
  (2001-2003), Executive Director at the Institute for Strategic Consultant
  (Strategic Planning) Research Policy and Regional Autonomy - REKODE
  (2004-2009), as a member of the House of Representatives (2009-2014 ), Member
  of Special Committee Act of Prevention and Combating Money Laundering, Bank
  Century Supervisory team Member, Member of Budget Committee of the House of
  Representatives, and Member of the Special Committee of the Law on BPJS.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Imam Apriyanto
  Putro</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Commissioner, appointed based on Telkom </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">Annual&nbsp;</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;"> General Meeting of Shareholders (</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">A</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">GMS) on </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">April 4</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">, 2014. </font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Economic Faculty Diponegoro University Semarang, Magister
  Management from Institut Bisnis Indonesia (IBI) Jakarta, and a doctotare
  degree Management from State University Jakarta</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">I</font><font face="Times New Roman" style="font-size:9.0pt;">mam Apriyanto Putro was the
  Commissioner of PT Semen Indonesia Tbk and currently served as the Secretary
  of Ministry of SOE.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Hadiyanto</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Commissioner, </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">appointed based on Telkom </font><font color=windowtext face=calibri,sans-serif lang=IN style="font-size:9.0pt;">Annual&nbsp;</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;"> General Meeting of
  Shareholders (</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">A</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">GMS) on </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">May 11, 2012</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">. &nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Law
  degree from the University of Padjadjaran, Bandung; Master of Law (LLM) from
  Harvard University Law School, USA</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> and
  a doctorate degree in Legal Studies from the University of Padjadjaran,
  Bandung.</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Currently
  Hadiyanto also served as the Director General of State Assets in the Ministry
  of Finance. Previously, Hadiyanto served as Head of the Legal Secretariat
  General of the Ministry of Finance, and Alternate Executive Director of the
  World Bank. In the corporate environment, Hadiyanto has served as President
  Commissioner of PT Garuda Indonesia Tbk (2007-2012) and President
  Commissioner of PT Bank Ekspor Indonesia (2007-2009).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Parikesit Suprapto</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Independent Commissioner, </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">appointed based on Telkom
  Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2014.
  Parikesit Suprapto served as Telkom Commissioners since May 11, 201</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">2</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Bachelor in Corporate
  Economics from Sekolah Tinggi Manajemen Industri (1980)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">;&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;"> Master in Economic Development from Indiana University,
  USA (1990)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">;&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;"> and doctorate degree in Economic
  Development from Notre Dame University, Indiana, USA (1995).</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Currently
  serving as commissioner of Indonesian Central Securities Depository.
  Parikesit Suprapto served as Deputy for Services, the Ministry of SOEs
  (2010-2012), Deputy for Banking and Financing Industry, the Ministry of SOEs
  (2008-2010), and Advisor to the Minister of Cooperatives and SMEs Small
  Business Sector (2006-2008). In the corporate environment, Parikesit Suprapto
  served as Commissioner of PT Indosat Tbk (2011-2012) and Commissioner of PT
  Bank Negara Indonesia (Persero) Tbk.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Johnny Swandi Sjam </font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Independent Commissioner, </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">appointed based on Telkom
  Extraordinary General Meeting of Shareholders (EGMS) on December </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">17</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">, 201</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">0</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">. Johny Swandi Sjam served as Telkom
  Independent Commissioners since January 1, 2011.</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Diploma
  III of Computer Engineering from Bandung Institute of Technology; Diploma IV
  in Industrial Management from the School of Industrial Management Department
  of Industry; Bachelor of Informatics Management from Gunadarma University,
  Jakarta; and Masters in Business Administration and Policy from the University
  of Indonesia, Jakarta.</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Johny
  Swandi Sjam has served as Commissioner of PT INTI (2010-2011), President
  Director of PT Indosat Tbk (2005-2007), President Director of Satelindo
  (2002-2003) and several other important positions in subsidiaries Indosat
  such as Sisindosat and Intikom (1997-2002).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Virano Gazi
  Nasution</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Independent Commissioner, </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">appointed based on Telkom </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">Annual&nbsp;</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;"> General Meeting of Shareholders (</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">A</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">GMS) on </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">May&nbsp;</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;"> 1</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">1</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">, 201</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">2</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">. &nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Bachelors
  degree in the field of Systems Engineering, University of Arizonaand a
  master's degree in Economic Engineering, Stanford University, USA.</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Virano
  Gazi Nasution served as Commercial Director of PT Indonesia Comnet Plus, a
  subsidiary of PT PLN (2009-2012)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Expert
  Staff to the Minister of Communications and Informatics Technology
  (2008-2009), and President Director of PT Bakrie Telecom Tbk (2001-2005).</font></p>
  </td>
 </tr>
</table></div>


<a name="_bclFooter80"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">75</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_81"></a><a name="_bclPageBorder81"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader81"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=windowtext face=Cambria lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Board
of Directors</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 a President Director.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In accordance with Telkom
Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2014, the
Board of Commissioners and Board of Directors went through some changes.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Furthermore,
based on the AGM resolution, the division of tasks and responsibilities for
each member of the Board of Directors, along with the nomenclature for each
member of the Board of Directors, aside the President Director and Financial
Director, is determined based on the BOD&#8217;s decision. That BOD&#8217;s decision was
determined on December 19, 2014 with the division of task, authorities and
nomenclature BOD as follows:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:13.5pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width=19% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Name</font></b></p>
  </td>
 <td width=5% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Age</font></b></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Date of Birth</font></b></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" lang=NL style="font-size:9.0pt;">Citizenship</font></b></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Domicile</font></b></p>
  </td>
 <td width=12% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Director Since</font></b></p>
  </td>
 <td width=27% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Position</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Alex
  J. Sinaga</font></p>
  </td>
 <td valign=top width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">53</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">September 27, 1961</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=27% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">President
  Director (CEO)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Heri
  Sunaryadi</font></p>
  </td>
 <td valign=top width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">49</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">June 26, 1965</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=27% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Finance (CFO)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Indra
  Utoyo</font></p>
  </td>
 <td valign=top width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">5</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">February 17, 1962</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2007</font></p>
  </td>
 <td valign=top width=27% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Innovation &amp; Strategic Portfolio (ISP)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Abdus
  Somad Arief</font></p>
  </td>
 <td valign=top width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">51</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">September 25, 1963</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=27% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Network</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">,&nbsp;</font><font face="Times New Roman" style="font-size:9.0pt;"> Information Technology &amp; Solution (NITS)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Herdy
  Rosadi Harman</font></p>
  </td>
 <td valign=top width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">51</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">June 28, 1963</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=27% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Human Capital Management (HCM)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dian
  Rachmawan</font></p>
  </td>
 <td valign=top width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">50</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">May 14</font><font face="Times New Roman" style="font-size:9.0pt;">,
  196</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">4&nbsp;</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2014</font></p>
  </td>
 <td valign=top width=27% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Consumer Service</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">s&nbsp;</font><font face="Times New Roman" style="font-size:9.0pt;"> (CONS)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="background:#c6d9f1;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Honesti
  Basyir</font></p>
  </td>
 <td valign=top width=5% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">46</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">June 24, 1968</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012</font></p>
  </td>
 <td valign=top width=27% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Wholesale &amp; International Service (WINS)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=19% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" style="font-size:9.0pt;">Muhammad Awaluddin</font></font></p>
  </td>
 <td valign=top width=5% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">46</font></p>
  </td>
 <td valign=top width=15% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">January 15, 1968</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesian</font></p>
  </td>
 <td valign=top width=10% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IT style="font-size:9.0pt;">Indonesia</font></p>
  </td>
 <td valign=top width=12% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">2012</font></p>
  </td>
 <td valign=top width=27% style="border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Director
  of Enterprise &amp; Business Service (EBIS)</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=13% style="border:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Name</font></b></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Function</font></b></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Position and Appointment Basis</font></b></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Education</font></b></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Career</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Alex J. Sinaga</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To coordinate the process of structuring and/or
  reconstruction of the aspects of corporate philosophy, which includes but is
  not limited to vision, mission, objectives, corporate culture, and leadership
  architecture</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To formulate and to state the strategic direction for
  the conditioning of the Company&#8217;s capability in realizing sustainable competitive
  growth across Telkom Group&#8217;s business portfolio and risk management as well
  as interfacing with external constituent</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To control the strategic planning function
  within the Telkom Group and to direct businesses development by focusing on
  new businesses portfolio</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To control corporate direction in driving new
  business, entering/developing new markets and for
  internationalization/regionalization</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To control the management of strategic aspects and
  finance, human capital and innovation and strategic portfolio management on
  the entire businesses portfolio of Telkom's group</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">In charge of leadership development program in Telkom
  Group, and to appoint and to dismiss certain official positions, in
  accordance with the established career management regulations, and leadership
  development program for the entire Telkom Group</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">7.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To submit reports on the Company&#8217;s performance as
  required for a public company on a regular basis.</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">President Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom Extraordinary General
  Meeting of Shareholders (EGMS) on December 19, 2014. </font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Bachelor degree of Electronic Telecommunications of Bandung
  Institute of Technology</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;"> and</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">
  Master of Telematics of the University of Surrey, Guidford-UK.</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Alex
  J</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> Sinaga previously served as
  President Director of Telkomsel, President Director of PT Multimedia Nusantara,
  Division Head of Fixed Wireless Networks, Head of Enterprise Services,
  President Commissioner of PT Sigma Cipta Caraka, and Vice President of Toba
  Lake Golf Club, General Manager Telkom West Jakarta, Senior Manager of
  Performance - Regional Division II Jakarta.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Heri Sunaryadi</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the concept and the formula of the
  Company&#8217;s Long-Term Financial Planning for Telkom Group</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To facilitate the process of formulating concept o</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">f&nbsp;</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">
  corporate level strategy, particularly the financial perspective on, but is
  not limited to, strategic budgeting, business &amp; investment, parenting
  strategy, subsidiary performance, and capital management</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine financial and logistic strategy and
  policies, which include, but is not limited to Financial Policy, Financial System
  Support Policy, Asset Management &amp; Logistic Policy, Asset Management
  &amp; Logistic</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the governance policies and the
  financial accounting management, accounting management (budgeting), and corporate
  finance (treasury)</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">5.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policies, governance, and mechanism
  of managing the Annual Work Plan Budget (RKAP)</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">6.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To carry out the advisory role in determining
  corporate level strategy, particularly for matters related to Telkom Group&#8217;s
  financial resources.</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom Extraordinary General Meeting
  of Shareholders (EGMS) on December 19, 2014. </font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Bachelor Degree
  Faculty of Agriculture from Bogor Agricultural University (1987).</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">Heri
  Sunaryadi previously was the President Director of PT Bahana Pembinaan Usaha
  Indonesia (Persero) in 2009 - 2013 and President Director of PT Kustodian
  Sentral Efek Indonesia (2013-2014).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Indra Utoyo</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the concept and formula of the Company's
  Long-Term Plan (corporate strategic scenario)</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the governance policies and the
  mechanisms of the management of corporate planning and strategy (policies on
  the level of planning and strategy - corporate level, business level and functional level)</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the strategy and the policy of the
  Telkom Group's business portfolio</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the strategy, policy and recommendation
  for corporate action and strategic investment for the development
  of Telkom Group's business</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the innovation strategy in order to
  explore new sources of growth for Telkom Group's business portfolio</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:11.25pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.25pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the parenting strategy to harmonize and
  optimize the capability of the Telkom Group's business entities</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom Extraordinary General Meeting
  of Shareholders (EGMS) on </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">February 28</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">, 20</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">07</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">. </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Indra Utoyo had served as Acting President Director
  by virtue of the BOC No.201/SRT/DK/2014 dated October 31, 2014.</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Bachelor of
  Electrical Telecommunication Engineering from Bandung Institute of Technology
  and Master Degree in Communication and Signal Processing from Imperial
  College of Science, Technology and Medicine, University of London, </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">England</font><font color=windowtext face="times new roman" style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Indra Utoyo joined
  Telkom since 1986. Indra Utoyo has served as a Senior General Manager of
  Information System Center Telkom, and Director of Information Technology Solutions
  &amp; Supply Telkom.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Abdus Somad Arief</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the business plan and
  strategy in order to leverage the capability of company&#8217;s resources to
  develop/exploit the established business/ services by utilizing
  infrastructure, IT and solution to support Telkom Group business portfolio
  synergistically</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the policy, governance,
  and mechanism for the utilization of infrastructure/ network to support the
  growth of Telkom Group business portfolio;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the policy, governance,
  and mechanism for the utilization of IT to support the growth of Telkom Group
  business portfolio;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the policy, governance,
  and mechanism for the conditioning of excellent performance of
  services/solutions to support sustainable competitive growth of Telkom Group;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To manage and to control the
  parenting mechanism in accordance with the parenting strategy on the entire
  units under the Directorate of NITS and/or other units directly involved in
  the process of managing the infrastructure utilization and operation</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=black face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font color=black face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Ensuring the effectiveness of risk
  management in all business processes in all units under the Directorate of
  NITS.</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">Director,
  appointed based on </font><font face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom
  Extraordinary General Meeting of Shareholders (EGMS) on December 19, 2014.</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">Bachelor
  degree of Electrical Engineering</font><font face="Times New Roman" lang=DE style="font-size:9.0pt;">
  from </font><font face="Times New Roman" style="font-size:9.0pt;">Bandung Institute of Technology</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> and </font><font face="Times New Roman" style="font-size:9.0pt;">Master
  of Information Systems and Technology Bandung Institute of Technology</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Abdus Somad Arief&#8217;s
  career mostly in Telkom.Previously, Abdus Somad Arief </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">was
  </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">Director of Network Telkomsel, Executive General Manager of
  the Enterprise Service Division Telkom (2009-2012), Vice President of
  Business Development - Enterprise &amp; Wholesale Telkom (2008-2009), and
  Deputy Executive General Manager of the Enterprise Service Division Telkom
  (2007-2008). Abdus Somad Arief also been the President Commissioner of PT
  Pramindo Ikat Nusantara (2011-2012) and Commissioner of PT Infomedia
  Nusantara (2010-2011).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Herdy Rosadi Harman</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the concept and formula
  for Human Capital Long Term Plan and Human Capital Master Plan in Group;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To facilitate the process of
  formulating corporate level strategy, particularly on aspects related to the
  development of center of excellent, organization behavior, corporate culture,
  and leadership architecture;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the strategy and policies
  for human capital function, including but is not limited to human capital
  policy, organisation development, and industrial relation;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the governance policy
  and the management mechanism and planning of resources related to the
  development, utilization and management of human resource</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=black face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font color=black face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policy, governance,
  and mechanism for the development and interrelation of the entities/institutions related to human resources
  management, including but is not limited to the pension fund management
  institutions, employee and retire health care institutions, skill and
  competence development institution or educational institution, and labour
  union</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=black face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font color=black face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To conduct the advisory role in
  determining corporate level strategy, especially for matters related to
  Telkom Group&#8217;s human resources development</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom Extraordinary General Meeting
  of Shareholders (EGMS) on December 19, 2014. </font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Bachelors Degree of
  Law from University of Padjadjaran, Bandung (1986); MBA from the Asian
  Institute of Management Philippines -
  Institute Management Bandung/</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">Telkom
  </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">University (1993, and Master of Law</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">
  (</font><font color=windowtext face="times new roman" style="font-size:9.0pt;">LLM</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">) from</font><font color=windowtext face="times new roman" style="font-size:9.0pt;">
  Washington College of Law, DC, USA (1998).</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Herdy Rosadi Harman previously
  served as the Director of Human Capital Management Telkomsel (2012-2014).
  Herdy Rosadi Harman served as V</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">ice </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">P</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">resident of</font><font color=windowtext face="times new roman" style="font-size:9.0pt;"> Legal &amp; Compliance Telkom
  (2006-2007) as well as V</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">ice </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">P</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">resident of</font><font color=windowtext face="times new roman" style="font-size:9.0pt;"> Regulatory Management Telkom
  (2007-2012).</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Dian Rachmawan</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To define the strategy and business
  planning to leverage the Company's resources capability in creating
  competitive advantage to win the competition and long term growth of the
  consumer segment business portfolio (consumer home services and consumer
  personal services) within Telkom Group;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the parenting policies
  and mechanisms in order to create value through the optimization and
  harmonization of the interrelation between the parent company and the entire
  entities managing the consumer segment business within Telkom Group</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policy, governance,
  and mechanisms of the management of the consumer segment marketing functions;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policy, governance,
  and mechanisms of the management of the consumer segment sales and/ or
  partnership function;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> To determine the policy,
  governance, and mechanism of the management of customer relationship
  management on the consumer segment</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=black face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font color=black face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> Ensuring the effectiveness of
  business risk management in all units under the Directorate of Consumer
  Service.</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom Extraordinary General Meeting
  of Shareholders (EGMS) on December 19, 2014. </font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Master in Telecommunication
  Engineering, Bradford&nbsp;College, </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">England</font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Dian Rachmawan previously
  was the CEO of Telekomunikasi Indonesia International Ltd., Hong</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;"> K</font><font color=windowtext face="times new roman" style="font-size:9.0pt;">ong.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Honesti Basyir</font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
  </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To define the
  strategy and business planning to leverage the Company's resources capability
  in creating competitive advantages to win thecompetition and to achieve long
  term growth of the Wholesale &amp; International segment business portfolio
  of Telkom Group</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;
  &nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
  </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the
  parenting policies and mechanisms in order to create value through the
  optimization and harmonization of the interrelation between the parent
  company and the entire entities managing the business operations for the
  Wholesale &amp; International segment of Telkom Group</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
  </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the
  policy, governance, and mechanisms of the management of Wholesale &amp;
  International segment marketing functions;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
  </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determine the
  policy, governance, and mechanisms of the management of the Wholesale &amp;
  International segment sales and/or account management function.</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determining the policy, governance, and mechanisms of
  the management of customer relationship management for Wholesale &amp;
  International segment</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Ensuring the effectiveness of risk management in all
  business processes of the entire units under the Directorate of Wholesale
  &amp; International segment</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">Director,
  appointed based on </font><font face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Annual&nbsp;</font><font face="Times New Roman" lang=PT style="font-size:9.0pt;"> General Meeting of Shareholders (</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">A</font><font face="Times New Roman" lang=PT style="font-size:9.0pt;">GMS) on
  </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">May 11</font><font face="Times New Roman" lang=PT style="font-size:9.0pt;">, 201</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2</font><font face="Times New Roman" lang=PT style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Bachelor Degree of
  Industrial Engineering from Bandung Institute of Technology (1992)
  </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">and </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">Master Degree of Corporate
  Finance from Sekolah Tinggi Manajemen Bandung
  (2004).</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;">Honesti
  Basyir has served as Finance Director of Telkom (2012-2014)</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">, </font><font face="Times New Roman" style="font-size:9.0pt;">Vice
  President of Strategic Business Development Directorate of IT Solutions and
  Strategic Portfolio Telkom. Assistant Vice President of Business and Finance
  Analysis and Project Controller-1 Project Management Office Telkom</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=13% style="border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none windowtext 1.0pt;padding:0in;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Muhammad Awaluddin</font></font></p>
  </td>
 <td valign=top width=30% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">1.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To define the business strategy and
  planning to leverage the Company's resources capability in creating a competitive
  advantage to win the competition and to achieve long term growth of the
  corporate segment business portfolio (enterprise and business) of Telkom
  Group</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">2.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the parenting policies
  and mechanisms in order to create value through the optimization and
  harmonization of the interrelation between the parent company and the
  entities managing the corporate segment business (enterprise and business) of
  Telkom Group</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">3.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policy, governance,
  and mechanisms of the management of corporate segment marketing function
  (enterprise and business);</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">4.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">To determine the policy, governance,
  and mechanisms of the management of the corporate segment sales and/or
  account management function (enterprise and business)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">;&nbsp;</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;line-height:normal;">5.</font><font color=windowtext face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Determine the policy, governance,
  and mechanism of customer relationship management for corporate segment
  (enterprise and business)</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">, and</font></p>
  <p style="margin-bottom:.0001pt;margin-left:14.1pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-14.1pt;"><font color=black face="Times New Roman" style="font-size:10.0pt;line-height:normal;">6.</font><font color=black face="times new roman" style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Ensuring the effectiveness of risk
  management in all business processes of the entire units under the
  Directorate of Enterprise Service</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Director, appointed based on </font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">Telkom </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">Annual&nbsp;</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;"> General Meeting of Shareholders (</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">A</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">GMS) on </font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">May 11</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">, 201</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">2</font><font color=windowtext face="Times New Roman" lang=PT style="font-size:9.0pt;">. &nbsp;</font></p>
  </td>
 <td valign=top width=19% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Bachelor degree of
  Electrical Engineering from Sriwijaya University (1990); Master of Business
  Administration from European University Antwerp Belgium (1998).</font></p>
  </td>
 <td valign=top width=18% style="border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" style="font-size:9.0pt;">Muhammad Awaluddin started
  his career at Telkom since 1991. Awaluddin has served as General Manager of
  Kandatel Bogor, General Manager of Kandatel Central Jakarta, Executive
  General Manager of Divre I Sumatra, V</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">ice </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">P</font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">resident of</font><font color=windowtext face="times new roman" style="font-size:9.0pt;"> Public and Marketing
  Communications and Executive General Manager of the Division of Access.
  Previously, Awaluddin </font><font color=windowtext face="times new roman" lang=IN style="font-size:9.0pt;">was </font><font color=windowtext face="times new roman" style="font-size:9.0pt;">the
  President Director of PT Infomedia Nusantara.</font></p>
  </td>
 </tr>
</table></div>


<a name="_bclFooter81"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">76</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_82"></a><a name="_bclPageBorder82"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader82"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;">None of our
Commissioners or Directors has any arrangement or understanding with major
shareholder, customer, supplier or with us, nor are any such contracts proposed
or under consideration. There is no family relationship between or among any of
the Commissioners or Directors listed above.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter82"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">77</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_83"></a><a name="_bclPageBorder83"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader83"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B. &#160;&#160; COMPENSATION</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Compensation of Commissioners and Directors</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Compensation of Commissioners and
Directors are determined by the shareholders at the GMS which grants authority
and authorization to the Board of Commissioners, with prior approval from Series
A Dwiwarna shareholder as to the amount of tantiem which will be given to the
members of Board of Director and Board of Commissioners for the 2014 financial
year and also as to the amount of the salary/honorarium including facilities
and allowances for the members of Board of Director and Board of Commissioners
for the 2014 financial year. 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.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Each Commissioner is entitled to
monthly remuneration and benefits. They are also entitled to bonuses based on
our business performance and achievements. Commissioners are also entitled to a
lump sum allowance upon resignation.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Each Director is entitled to a
remuneration consisting of a monthly salary and other allowances. Directors
also receive an annual bonus based on our business performance and
achievements. The bonus and incentive are budgeted every year based on
recommendations of the Directors and confirmation from the Board of
Commissioners before being considered by shareholders at the GMS.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">For 2014, the aggregate
remuneration of the entire Board of Commissioners including bonuses but
excluding other benefits was Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">25.3
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">billion, allowing </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">The total accrued remuneration of the entire </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Board of Commissioners for 2014 was Rp37.1 billion,
including </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">long-term incentives
and allowance upon resignation. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In
addition, the tax on the aggregate remuneration of the Board of Commissioners
borne by Telkom was Rp17.2 billion. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">The
remuneration of the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">board of commissioners</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> of Telkom&#8217;s subsidiaries in 2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> w</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">as
Rp80.2 billion.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> The remunerations that
have been received by Board of Commissioners in 2014 listed as below: </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr style="height:8.5pt;">
  <td rowspan=2 width=29% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Board of Commissioners</font></b></p>
   </td>
 <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">&nbsp;</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=52% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Value</font></b><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;"> (Rp m</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">illion</font></b><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">)&nbsp;</font></b></p>
   </td>
 </tr>
<tr style="height:10.75pt;">
  <td valign=bottom width=19% style="border-bottom:solid windowtext 1.0pt;height:10.75pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Honorarium</font></b></p>
   </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;height:10.75pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Tantiem </font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">&amp; THR</font></b></p>
   </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;height:10.75pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">Allowance</font></b></p>
   </td>
 <td valign=bottom width=18% style="border-bottom:solid windowtext 1.0pt;height:10.75pt;padding:0in 5.4pt 0in 5.4pt;">
   <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">Total</font></b></p>
   </td>
 </tr>
<tr style="height:9.9pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Hendri Saparini                                       </font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:9.9pt;">
  <td valign=top width=29% style="background:white;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Dolfie Othniel Fredric
  Palit                     </font></p>
  </td>
 <td valign=top width=19% style="background:white;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=18% style="background:white;height:9.9pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:10.35pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:10.35pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Imam Apriyanto Putro                            </font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;height:10.35pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">577</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">5&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:10.35pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">72</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:10.35pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">477</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;height:10.35pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,127.0</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Hadiyanto</font></p>
  </td>
 <td valign=top width=19% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">868</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">909</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">410</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">7&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">4,188.0</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Parikesit Suprapto                                   </font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">868</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">909</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">420</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">8&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">4,19</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">8.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Johnny Swandi Sjam                              </font></p>
  </td>
 <td valign=top width=19% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">868</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">909</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">592</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">0&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">4,369.3</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Virano Gazi Nasution</font></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">868</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">909</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">407.0</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">4,184.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Jusman Syafii Djamal</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">964</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">5&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">3</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">232</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">614</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">9&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:white;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">4,811.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Gatot Trihargo</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=19% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">289</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">969</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">2&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">229</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">4&nbsp;</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">2,488.0</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">Description: &#160;&#160;&#160;*) until </font><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">AGMS date of April 4, 2014 </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&#160;&#160; &nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&#160;&#160;&#160;</font><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">**) </font><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">until EGM</font><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">S&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;"> date of December 19, 2014</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter83"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">78</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_84"></a><a name="_bclPageBorder84"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader84"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">For 2014, the total
remuneration of the entire Board of Directors, including bonuses but excluding
other benefits, was Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">70.4 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.
The total accrued remuneration of Board of Directors for 2014 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">was&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">
Rp123.5 billion, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">including&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> long-term incentives and allowance upon
resignation. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In addition, tax on the
aggregate </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">remuneration of the
Board of Directors</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, borne by Telkom was
RP27.3 billion. The remuneration of the board of directors of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Telkom&#8217;s Subsidiaries in 2014 are as much as
Rp300.9 billion.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> The remunerations that
have been received by Board of Directors 2014 listed as below:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr style="height:5.65pt;">
  <td rowspan=2 width=29% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:5.65pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Board
  of Directors</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:5.65pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=51% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;height:5.65pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:10.0pt;">Value (Rp
  m</font></b><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">illion</font></b><b><font color=black face="Times New Roman" style="font-size:10.0pt;">)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=bottom width=20% style="border-bottom:solid windowtext 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:10.0pt;">Honorarium</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Tantiem
  &amp; THR</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Allowance</font></b></p>
  </td>
 <td valign=bottom width=17% style="border-bottom:solid windowtext 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Alex J. Sinaga</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Heri Sunaryadi</font></p>
  </td>
 <td valign=top width=20% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Indra Utoyo </font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Dian Rachmawan</font></p>
  </td>
 <td valign=top width=20% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td valign=top width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Muhammad Awaluddin </font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">74</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">2.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:5.55pt;">
  <td width=29% style="background:white;height:5.55pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Abdus Somad Arief</font></p>
  </td>
 <td valign=top width=20% style="background:white;height:5.55pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:5.55pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:5.55pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:5.55pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td width=29% style="background:#c6d9f1;height:1.0pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Herdy Rosadi Harman</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:1.0pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:1.0pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:10.0pt;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:1.0pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:1.0pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">-</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Honesti Basyir </font></p>
  </td>
 <td valign=top width=20% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Arief Yahya</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">650.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">6,469.1</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,040.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">8&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">9,159.</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Sukardi Silalahi</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=20% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Rizkan Chandra</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Priyantono Rudito</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">*</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=20% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:white;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
<tr style="height:8.5pt;">
  <td width=29% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">Ririek Adriansyah</font><b><font color=windowtext face="Times New Roman" style="font-size:9.0pt;">*</font></b><b><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;">*&nbsp;</font></b></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">1</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">,</font><font face="Times New Roman" style="font-size:9.0pt;line-height:normal;">782.0&nbsp;</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" lang=IN style="font-size:10.0pt;">5,822.1</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.55pt;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">1,138.7</font></p>
  </td>
 <td valign=top width=17% style="background:#c6d9f1;border-bottom:solid #4f81bd 1.0pt;height:8.5pt;padding:0in 2.25pt 0in 2.25pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:4.5pt;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">8,742.8</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">Description: </font><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&#160;&#160;*) until October 27, 2014</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:8.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160;&#160;*</font><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">*) until EGM of&#160; December 19, 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Compensation of Management and
Employees</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We offer competitive remuneration
package based on prevailing Law and Regulation and gradually conducts market
price benchmarking.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Objectives of our remuneration system
implementation consist of 4 (four) key pillars, which are:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To attract</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our remuneration system is designed and developed
particularly to attract potential and highly qualified employee candidate, both
fresh graduate and professional staff which will be directly placed on certain
positions.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To retain</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our remuneration system is designed as a tool to
establish comfort working sphere that will retain and enhance loyalty of high
quality professional employee.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To motivate</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our remuneration system is designed as a mean to raise
motivation of each employee to always improve personal quality and to become
high performed employee.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">To support</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our remuneration system is designed to support the
management in pursuing the objectives, performance target and corporate
business strategy comprehensively.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Based on objectives of remuneration
distribution, our remuneration system component is divided into 3 (three) major
parts known as 3P Remuneration System which are:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pay for Person</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A remuneration component to appraise individual
competency of each employee according to competency profile required on chaired
position and working period. Pay for person shifting throughout Remuneration
Adjustment is determined based on competency assessment result and also aligned
with the remuneration comparison condition.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pay for Position</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A remuneration component provided to appraise policy,
mastery and accountability required for certain position. Shifting on pay for
position through the Remuneration Adjustment is determined by employee position
class as well as Job Characteristics and Unit Function.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pay for Performance</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A remuneration component provided to appraise employee
performance in achieving target as implemented on certain period. Process in
determining employee remuneration on pay for performance is carried out by
considering Individual Performance Score and Unit Performance Score.</font></p>





<a name="_bclFooter84"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">79</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_85"></a><a name="_bclPageBorder85"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader85"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Based on type and nature of
remuneration components, Telkom Remuneration Structure comprises of 2 (two)
major components which are:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Compensation&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The component consists of Monthly Salary, Holiday
Feast Allowance, Leaves Allowance and Income Tax (PPh 21).</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Benefit&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The component consists of Fixed Benefit and Variable
Benefit. These two sub-components are provided in form of Cash Benefit and
Non-Cash Benefit.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">For incentive distribution, the Company
budgeted on the current year but the realization will be distributed in the
following year after the publication of audited Financial Statements and
approval in the General Meetings of Shareholders (GMS). The incentive
distribution will only be conducted if Net Income target is achieved. There is
no management Pension Plan or Contingent Compensation in Place.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">C. &#160;&#160; BOARD PRACTICES</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 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 in accordance with the applicable regulations. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
Board of Commissioners is obliged to carry out its duties and responsibilities
in accordance with our Articles of Association, decisions from the AGMS and
EGMS and applicable laws and regulations. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 behalf, inside or outside a
court of law, on any matter and for any event, with another party. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Individual
Directors are charged with specific responsibilities. </font></p>





<a name="_bclFooter85"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">80</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_86"></a><a name="_bclPageBorder86"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader86"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Audit
Committee</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
Audit Committee operates under the authority of the Audit Committee Charter,
which was 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 in relation to the Charter of the
Telkom Group Audit Committee. In 2014, 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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">overseeing our financial reporting
process on behalf of the Board of Commissioners; </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">providing recommendations to the
Board of Commissioners regarding the selection of our external auditor, subject
to shareholder approval;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">discussing with our internal and
external auditors on the overall scope and plans of their respective audits; </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">reviewing our Consolidated
Financial Statements and the effectiveness of Internal Controls Over Financial
Reporting (&#8220;ICOFR&#8221;); </font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=IN style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=IN style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">;&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:31.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Audit Committee Independence</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Bapepam-LK
Audit Committee Rules require that the Audit Committee consist 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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">may not be affiliated with our majority
shareholder;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">may not have a family relationship
with any member of the Board of Commissioners or Board of Directors;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">may not own, directly or
indirectly, any of our shares; and</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">may not have any business
relationship that relates to our businesses.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Currently,
the Audit Committee consists of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">five&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> members: (i) Johnny Swandi Sjam (Independent
Commissioner and Chairman); (ii) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Tjatur
Purwadi </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(Secretary); (iii) Virano Gazi
Nasution (Independent Commissioner); (iv) Parikesit Suprapto (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Independent </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Commissioner); </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">(v) Dolfie
Othniel Fredric Palit (Commissioner), and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(v</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">i</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">) Agus
Yulianto. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Audit Committee Financial Expert</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See
Item 16A &#8220;Audit Committee Financial Expert&#8221;.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>





<a name="_bclFooter86"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">81</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_87"></a><a name="_bclPageBorder87"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader87"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Exemption from US Listing Standards for Audit Committees</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See
Item 16D &#8220;Exemptions from the Listing Standards for Audit Committees&#8221;.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Nomination
and Remuneration Committee</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">devise a nomination and selection
system for strategic positions within Telkom by, referring to corporate governance
principles, such as transparency, accountability, responsibility, fairness and
independence;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=timesnewroman lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">formulate a remuneration system
for Directors based on fairness and performance.</font></p>

<p style="margin-bottom:.0001pt;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-27.0pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As
of December 31, 2014, the members of our Nomination and Remuneration Committee
were </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Hendri Saparini </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">President
Commissioner</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">), Hadiyanto, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Imam Apriyanto Putro, Dolfie Othniel Fredic
Palit, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Parikesit Suprapto, Johnny Swandi
Sjam, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Virano Gazi Nasution. 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 the Board of Directors of our
Company or subsidiaries upon their termination as Board of Directors. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">D. &#160;&#160; EMPLOYEES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We had a total of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">25,284 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">employees
as of December 31, 2014, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">consisting
of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">17,279 Telkom employees and 8,005 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">employees </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of
our subsidiaries. This represented a</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">n increase</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">1.1%&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> compared to as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">The following is
</font><font face="times new roman" lang=IN style="font-size:10.0pt;">our&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> employee
profile by position, educational background</font><font face="times new roman" lang=IN style="font-size:10.0pt;">, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">age</font><font face="times new roman" lang=IN style="font-size:10.0pt;">s and
gender</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
group.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, we
had </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">541&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> senior management employees, compare with 441</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> senior management</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> employees as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. Total
middle management employees grew from 3,987 employees as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2013&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> to
4,181 employees as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. Supervisor level employees increased from </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">13,077&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
employees as of December 31, 2013 to 12,031 employees as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.
Other employees decreased from 8,552 employees as of December 31, 2013 to 7,485
employees as of December 31, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2014</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:13.5pt;"><font face="times new roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:2.15pt;">
  <td rowspan=2 width=37% style="background:white;border-bottom:solid black 1.0pt;border-top:solid windowtext 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Position</font></b></p>
  </td>
 <td colspan=4 width=63% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Subsidiaries</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom Group</font></b></p>
  </td>
 <td width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Percentage (</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Senior Management</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:5.5pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">151</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">390</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">541  </font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2.</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Middle Management</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:5.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,939</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,242</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,181</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16.5</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Supervisors</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:5.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">10,233</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,844</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 13,077</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">51.7</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Others</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:5.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,956</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.5pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,529</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7,485</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29.6</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:5.5pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">17,279</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.5pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">8,005</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,284</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our employee profile
based on education level as of December 31, 2014 was dominated by university
graduate at 11,769 employees, while we had 5,184 diploma graduate employees,
5,995 pre-college employees and 2,336 post-graduate employees. This reflects our focus to recruit highly educated
candidates with the right qualifications to support our growth.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:2.15pt;">
  <td rowspan=2 width=37% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Level of Education</font></b></p>
  </td>
 <td colspan=4 valign=bottom width=63% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td width=16% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Subsidiaries</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom Group</font></b></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Percentage (</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pre University</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,289</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">706&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,995</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">23.7</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Diploma Graduates</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,093</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,091</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,184</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">20.5</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">University Graduates</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,159</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,610</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,769</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46.</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Post Graduates</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,738</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">598&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,336</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9.2</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">17,279</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">8,005</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,284</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.55pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter87"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">82</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_88"></a><a name="_bclPageBorder88"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader88"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">As of December 31, 2014, employees profile based on age was
as follows. Employees over the age of 45 comprised 13,740 employees while the
employees under the age of 30 comprised 2,643 employees and employees between
31and 45 years were comprised 8,901 employees.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:2.15pt;">
  <td rowspan=2 width=37% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Age Group</font></b></p>
  </td>
 <td colspan=4 valign=bottom width=63% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Subsidiaries</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom Group</font></b></p>
  </td>
 <td width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Percentage (</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&lt;30</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">680&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,963</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,643</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;margin-right:4.45pt;margin-top:0in;text-align:right;text-indent:4.75pt;"><font face="Times New Roman" style="font-size:9.0pt;">10.5</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">31 - 45</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,784</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,117</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,901</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.2</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&gt;45</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,815</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">925&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,740</font></p>
  </td>
 <td valign=bottom width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">54.3</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">17,279</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">8,005</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,284</font></b></p>
  </td>
 <td valign=bottom width=18% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our employee profile
was largely dominated by male employees at 78.8% as of December 31, 2014 compared
with 79.4% as of December 31, 2013 as illustrated on following table</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:2.15pt;">
  <td rowspan=2 width=37% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Gender</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">
  Group</font></b></p>
  </td>
 <td colspan=4 valign=bottom width=63% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2014</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td width=16% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Subsidiaries</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Telkom Group</font></b></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Percentage (</font></b><b><font face="Times New Roman" style="font-size:9.0pt;">%</font></b><b><font face="Times New Roman" lang=IN style="font-size:9.0pt;">)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Male</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">14,091</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,824</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,915</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-left:0pt;margin-right:4.45pt;margin-top:0in;text-align:right;text-indent:4.75pt;"><font face="Times New Roman" style="font-size:9.0pt;">78.8</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:white;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">Female</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,188</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,181</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,369</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21.2</font></p>
  </td>
 </tr>
<tr style="height:2.15pt;">
  <td valign=bottom width=37% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">17,279</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">8,005</font></b></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">25,284</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:2.15pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-right:4.45pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">100</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">A</font><font face="times new roman" lang=IN style="font-size:10.0pt;">pproximately
79.0% of </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">our
</font><font face="times new roman" lang=IN style="font-size:10.0pt;">employees
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">were
located </font><font face="times new roman" lang=IN style="font-size:10.0pt;">in
western Indonesia and </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">approximately
</font><font face="times new roman" lang=IN style="font-size:10.0pt;">21.0%
of </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">our
</font><font face="times new roman" lang=IN style="font-size:10.0pt;">employees&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> were located</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> in
eastern Indonesia. </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We do not employ a significant number of temporary
employees</font><font face="times new roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=IN style="font-size:10.0pt;">Retirement
Program</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">The retirement
age for all our employees is 56</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> year</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">s. </font><font face="times new roman" lang=IN style="font-size:10.0pt;">We have</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> two pension
schemes, which are (</font><font face="times new roman" lang=IN style="font-size:10.0pt;">a</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">) Defined Benefit Pension Plan (&#8220;DBPP&#8221;) tailored for
permanent employees who were hired prior to July 1, 2002, and (</font><font face="times new roman" lang=IN style="font-size:10.0pt;">b</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">) Defined
Contribution Pension Plan (&#8220;DCPP&#8221;) that is applicable to all other permanent
employees.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><i><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Defined Benefit
Pension Plan</font></i><i><font face="times new roman" lang=IN style="font-size:10.0pt;"> (&#8220;</font></i><i><font face="times new roman" lang=EN-US style="font-size:10.0pt;">DBPP</font></i><i><font face="times new roman" lang=IN style="font-size:10.0pt;">&#8221;) &nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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,
the employee contribution rate was 8.4%)</font><font face="times new roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> while we contribute the
remaining balance. The minimum monthly pension benefit for retired employees is
approximately Rp</font><font face="times new roman" lang=IN style="font-size:10.0pt;">425,000 </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">per month. Our
contribution to the pension fund reached Rp186 billion, Rp182 billion and nil,
respectively, for the years ended December 31, 2012, 2013 and 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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 </font><font face="times new roman" lang=IN style="font-size:10.0pt;">under
an annuity</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
insurance contract. Up to 2004, employees would contribute 5% of their monthly
basic salaries to the program, while Telkomsel would contribute the remaining
balance. Since 2005, Telkomsel has contributed the entire amount to the
program. </font><font face="times new roman" lang=IN style="font-size:10.0pt;">In
2014, Telkomsel contributes to the pension fund amounting to 42 billion, Rpnil
billion and Rp98 billion, respectively, for the years ended December 31, 2012,
2013 and 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Infomedia
also has its own DBPP for its employees.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><i><font face="times new roman" lang=EN-US style="font-size:10.0pt;">Defined
Contribution Pension Plan </font></i><i><font face="times new roman" lang=IN style="font-size:10.0pt;">(&#8220;</font></i><i><font face="times new roman" lang=EN-US style="font-size:10.0pt;">DCPP</font></i><i><font face="times new roman" lang=IN style="font-size:10.0pt;">&#8221;)&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">We
operate a Defined Contribution Pension Plan for permanent employees who were
recruited </font><font face="times new roman" lang=IN style="font-size:10.0pt;">on
or </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">after
July 1, 2002. DCPP is managed by several appointed financial institutions
pension fund from which employees can choose. Our contribution to the financial
institutions pension fund is determined by the portion taken from participating
employee&#8217;s basic salary, which </font><font face="times new roman" lang=IN style="font-size:10.0pt;">totalled&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> Rp5 billion, Rp6 billion and Rp6
billion</font><i><font face="times new roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font></i><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> respectively, for the years ended December 31, 2012, 2013 and
2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;">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 to 2017 Human Capital Master Plan. This program is offered to
employees who are deemed to have met certain requirements in terms of
education, age, position and performance. From 2002 to December 31, </font><font face="times new roman" lang=IN style="font-size:10.0pt;">201</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="times new roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> we </font><font face="times new roman" lang=IN style="font-size:10.0pt;">spent Rp7.3
trillion</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">
as compensation for </font><font face="times new roman" lang=IN style="font-size:10.0pt;">14,195&nbsp;</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;"> employees who participated in the
program.</font><font face="times new roman" lang=IN style="font-size:10.0pt;">
In 201</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="times new roman" lang=IN style="font-size:10.0pt;">, we did
not execute an early retirement program.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter88"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">83</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_89"></a><a name="_bclPageBorder89"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader89"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="times new roman" lang=IN style="font-size:10.0pt;">M</font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;">anagement of
Employee Relations with Management</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Pursuant</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
to the Presidential Decree No</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">83</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1998 regarding Ratification of ILO Convention No.87</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">/</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1948 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">regarding&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
Freedom of Association and Protection of the Right Organize, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
employees established</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> the Telkom Employees
Union (&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SEKAR&#8221;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. As of December 31, 2014, SEKAR </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">represented a total</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">15,526&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> employees or </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">89.9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> total </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">workforce.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Pursuant to Law No</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">13</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">/</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2003
regarding Manpower</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and Regulation
of the Ministry of Manpower and Transmigration No.PER.16/2011 concerning
Procedures Preparation and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Ratification&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> of Company Regulations and Preparation and
Registration Collective Work Agreement (&#8220;CWA&#8221;)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, SEKAR is entitled to represent employees in the negotiation of the
CWA with management. To renew the expired CWA IV, negotiations for the CWA V
were conducted during 2013. These negotiations have resulted in an agreement
that was signed by both parties on August 23, 2013, and has been ratified by
the Directorate General of Work Requirement, Welfare and Discrimination Analysis
of the Ministry of Manpower and Transmigration. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">CWA V </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">is in
effect until </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">August 23,
2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Telkomsel and Infomedia also have employees</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8217;&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> union</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.
Telkomsel&#8217;s employees</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8217;&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> union, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8220;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">SEPAKAT</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#8221;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, has 3,723 members </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">represent</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 81.1% of Telkomsel&#8217;s total employees. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Neither we nor </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">our&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> subsidiaries with employees
union have experienced material labor action.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">SHARE OWNERSHIP</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of February 28,
2014, none of our Directors 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 information regarding share
ownership of our directors and senior management, see Item 7 &#8220;Major
Shareholders and Related Party Transactions &#8211; Major Shareholders.&#8221;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Employee Stock
Ownership Program</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Employee Stock
Ownership Program (&#8220;ESOP&#8221;) is an employee-owner scheme that provides our
employee with an ownership interest in our </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">C</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ompany. At our
initial public offering on November 14, 1995, a total of 116,666,475 shares
were issued to 43,218 employees. On June
14, 2013, the Company transferred a portion of the treasury stock to its
employees as part of the 2012 annual incentives. The 59,811,400 (equal to
299,057,000 shares after stock split) treasury stock transferred to 24,993
employees which had a total fair value of Rp661 billion. As of February 28, 2015,
132,644,010 of our shares were owned by 16</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">293 of our
employees and our retirees. In 2014, we did not conduct the ESOP. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Stock Split</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">At our general
shareholders' meeting on April 19, 2013, a stock split with a ratio of 1:5 was
approved by our shareholders. New Series B common shares were deposited into
shareholders accounts on September 2, 2013 as part of the stock split. In
connection with our stock split, effective</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> on</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> September
2013, we changed the ratio of our ADSs from one ADS representing 40 Series B
common shares, par value Rp250 per share, to one ADS representing 200 Series B
common shares, par value Rp50 per share.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM7></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">MAJOR SHAREHOLDERS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Shareholder Composition</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our authorized
capital consists of one Series A Dwiwarna share and 399,999,999,999 Series B
(common stock) shares. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">authorized shares, 100,799,996,400 of which are issued
and fully paid, consists of one Series A Dwiwarna share and 100,799,996,399 shares of
Series B common stock. The Series A Dwiwarna share is owned by the Government
and carries special voting rights, the right to nominate, and to 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. </font></p>





<a name="_bclFooter89"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">84</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_90"></a><a name="_bclPageBorder90"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader90"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:10.0pt;">Company Shareholders per
  February 28, 2015</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=49% style="background:white;border-bottom:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Series A Dwiwarna Share</font></b></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Series B Shares (Common Stock)</font></b></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Percentage of Ownership</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Government</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">51,602,353,559&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">52.56&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Public</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46,573,500,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">47.44&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Capital Subtotal (issued and
  outstanding)</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,599&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100.00&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Treasury Stock </font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,624,142,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=IN style="font-size:9.0pt;">-</font><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=49% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:9.0pt;">1&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100,799,996,399&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">100.00&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Shareholders Owning
More Than 5% of Shares (Major Shareholder)</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:13.65pt;">
  <td valign=top width=20% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Title of Class</font></b></p>
  </td>
 <td valign=top width=34% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Person or Group</font></b></p>
  </td>
 <td valign=top width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Number of Shares</font></b></p>
  </td>
 <td valign=top width=20% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Percentage of Ownership</font></b></p>
  </td>
 </tr>
<tr style="height:13.65pt;">
  <td valign=bottom width=20% style="background:#c6d9f1;height:13.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Series
  A</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> Dwiwarna Share</font></p>
  </td>
 <td valign=bottom width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Government</font></p>
  </td>
 <td valign=bottom width=26% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:13.65pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">-</font></p>
  </td>
 </tr>
<tr style="height:11.4pt;">
  <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Series
  B</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;"> Shares</font></p>
  </td>
 <td valign=bottom width=34% style="background:white;border-bottom:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Government</font></p>
  </td>
 <td valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 51,602,353,559&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:11.4pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">52.56&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">During
the past three years, the percentage of shares held by Government was, 53.9%,
53.1% and 52.6% as of February 28, 2013, 2014 and 2015, respectively. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Shares Owned by
Directors</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:20.25pt;">
  <td colspan=2 valign=top width=54% style="background:white;border-top:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Directors </font></b></p>
  </td>
 <td valign=top width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Number of Shares</font></b></p>
  </td>
 <td valign=top width=20% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Percentage of Ownership</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=54% style="background:#c6d9f1;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Directors</font></p>
  </td>
 <td valign=bottom width=26% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=50% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Dian Rachmawan</font></p>
  </td>
 <td valign=bottom width=26% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 60,540&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&lt;0.01</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=50% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Indra Utoyo</font></p>
  </td>
 <td valign=bottom width=26% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,540&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&lt;0.01</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=4% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=50% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Honesti Basyir</font></p>
  </td>
 <td valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 540&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&lt;0.01</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=54% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=26% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 88,620&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&lt;0.01</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Shareholders Owning
Less Than 5% of Shares</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:24.0pt;">
  <td colspan=3 valign=top width=55% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Group</font></b></p>
  </td>
 <td valign=top width=24% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Number of Shares of Common Stock Owned</font></b></p>
  </td>
 <td valign=top width=21% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Percentage of Ownership</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=3 valign=bottom width=55% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Foreign</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:17.25pt;">
  <td valign=bottom width=2% style="background:white;height:17.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=53% style="background:white;height:17.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Business</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 39,197,887,826&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 39.93&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=53% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Individual</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 14,333,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 0.0</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=3 valign=bottom width=55% style="background:white;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Local</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=53% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Business Entities</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:white;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=51% style="background:white;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Companies</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,566,052,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2.61&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=51% style="background:#c6d9f1;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Mutual Funds</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,071,267,677&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2.11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=2% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=51% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Insurance Companies</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,692,699,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1.7</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=51% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pension Funds</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 504,203,650&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 0.51&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=2% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=51% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Other Business Entities</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 74,986,990&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 0.08&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=53% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Individuals</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 452,068,147&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 0.46&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:17.25pt;">
  <td colspan=3 valign=bottom width=55% style="background:white;border-bottom:solid black 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Total</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;border-bottom:solid black 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 46,573,500,040&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 47.44 </font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Relationship with
the Government and Government Agencies</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Government
as Shareholder</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>





<a name="_bclFooter90"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">85</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_91"></a><a name="_bclPageBorder91"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader91"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Government is
our majority and controlling shareholder and owns 52.56% of our common stock as
of February 28, 2015. Its ownership of the Series A Dwiwarna share gives it
special voting and veto rights. Under the 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 Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ry </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of State-Owned
Enterprise (&#8220;MSOE&#8221;) exercises the rights vested in these securities as our
&#8220;controlling shareholder.&#8221;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Government as Regulator</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 USO, 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
licenses 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 Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ry
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 Rp442 billion in 2013, and Rp496 billion
(US$40million) in 2014. Concession fees as a percentage of total expenses
amounted to 0.8% in 2013 and 2014. Radio frequency usage charges amounted to
Rp3,098 billion in 2013, and Rp3,207 billion (US$259 million) in 2014. Radio
frequency usage charges as a percentage of total expenses amounted to 5.4% in
2013 and 5.2% in 2014. USO charges to the MoCI amounting to Rp1,153 billion in
2013, and Rp1,322 billion (US$107 million) in 2014. USO charges as a percentage
of our total expenses amounted to 2.0% in 2013 and 2.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">% in 2014.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Government as Lender</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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, 2014, we had a total of
</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Rp1,615 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">billion</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">, or US$130 million, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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, 2014, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">72</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">9</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">% of
such sub-loan borrowings were denominated in foreign currencies, with the
remaining </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">27.1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">% denominated in Rupiah. In 2014, the annual interest
rates charged </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">8</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">5</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">% on loans repayable in Rupiah, 4.0% on those
denominated in US Dollar and 3.1% for those denominated in Japanese Yen.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The Government as Customer</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 2014, the amount of revenues from Government departments
and agencies was Rp1,749 billion, which was approximately 1.95% 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>





<a name="_bclFooter91"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">86</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_92"></a><a name="_bclPageBorder92"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader92"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 transactions 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 face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Proportion of Common Stock Held in Indonesia and
Abroad</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As
of February 28, 2015, we had 40,926 common stock shareholders, including the
Government. This total includes 40,199,951,426 common stock shares owned by
1,993 shareholders outside Indonesia. As of the same date, there were 99 ADS
shareholders who owned 55,381,145 ADS (1 ADS is equivalent to 200 common stock
shares).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Change in Control</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B. RELATED PARTY TRANSACTIONS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We
are party to certain agreements and engage in transactions with certain parties
that are related to us, such 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 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">35&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> to our Consolidated Financial
Statements.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">C. INTEREST OF EXPERTS AND COUNSEL</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM8></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 8. FINANCIAL INFORMATION</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A.
&#160;&#160; CONSOLIDATED STATEMENTS AND OTHER FINANCIAL INFORMATION</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See Item 1</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">8 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&#8220;Financial
Statements&#8221; for our audited Consolidated Financial Statements filed as part of
this Form 20-F. </font></p>





<a name="_bclFooter92"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">87</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_93"></a><a name="_bclPageBorder93"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader93"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Material
Litigation</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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. In relation 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 provision for losses amounting to Rp25
billion </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">as of</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> December 31, 2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">See Note </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">39
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to our Consolidated Financial Statements.
</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.55pt;text-align:justify;text-indent:-.55pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Company is a defendant in a case
filed in Makassar District Court by Andi
Jindar Pakki and his affiliates over a land property at Jl. A.P. Pettarani. On
May 8, 2013, the court pronounced its verdict and ordered the Company to pay
fair compensation or to vacate and surrender the disputed land to the
plaintiffs. In the event the Company loses the case, the Company will pay
compensation to the plaintiffs amounting to Rp57.6 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.55pt;text-align:justify;text-indent:-.55pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.55pt;text-align:justify;text-indent:-.55pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On May 20, 2013, the Company filed an
appeal to the Makassar High Court, objecting to the District Court&#8217;s ruling. In
December 2013, the Makassar High Court pronounced its verdict that was
favorable to the plaintiffs and the Company filed an appeal to the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">SC</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. On January 9, 2015, the Company received the SC Notice
regarding the case in which rejected the Company&#8217;s appeal. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">On February 5, 2015, the Company
requested </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">for </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">a </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">judicial
r</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">eview&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> of the case by </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SC</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In
2014, there were no legal proceedings involving any serving member of the BoC
and BoD.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Dividend Policy</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-GB style="font-size:10.0pt;letter-spacing:.1pt;">The Annual General
Meeting of Shareholders (&#8220;AGMS&#8221;) has the authority to determine the amount of
dividends we pay. Our dividend payout ratio for 2014 will be decided at the
AGMS scheduled for 2015.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:10.0pt;letter-spacing:.1pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:24.9pt;">
  <td width=19% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.9pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">Dividend Year</font></b></p>
  </td>
 <td width=19% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.9pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">Date of AGMS</font></b></p>
  </td>
 <td width=24% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.9pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">Payout Ratio (%)<sup>1&nbsp;</sup></font></b></p>
  </td>
 <td width=17% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.9pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">Amount of Dividends
  (Rp million)</font></b></p>
  </td>
 <td width=21% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:24.9pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">Dividend per Share
  (Rp)</font></b></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=19% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">2009&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">June 11, 2010</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">50&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">5,666,070&nbsp;</font><sup><font color=white face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">0</font></sup></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">57.61&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=19% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">2010&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">May 19, 2011</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">55&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">6,345,350&nbsp;<sup>2&nbsp;</sup></font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">64.52&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=19% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">2011&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">May 11, 2012</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">65&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">7,127,333&nbsp;<sup>3&nbsp;</sup></font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">74.21&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=19% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">2012&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">April 19, 2013</font></p>
  </td>
 <td valign=bottom width=24% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">65&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">8,352,597&nbsp;<sup>4&nbsp;</sup></font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">87.24&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">2013&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">April 4, 2014</font></p>
  </td>
 <td valign=bottom width=24% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">70&nbsp;&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">9,943,294&nbsp;<sup>5&nbsp;</sup></font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:14.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-GB style="font-size:9.0pt;letter-spacing:.1pt;">102.40&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-GB style="font-size:4.0pt;letter-spacing:.1pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:9.0pt;">(1)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="times new roman" lang=EN-US style="font-size:9.0pt;">Represents the
percentage of profit attributable to owners of the parent paid to shareholders
in dividends.</font></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:9.0pt;">(2)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="times new roman" lang=EN-US style="font-size:9.0pt;">Including interim
cash dividend paid in December 2010 and January 2011 amounting to Rp276,072
million and Rp250,085 million respectively.</font></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:9.0pt;">(3)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="times new roman" lang=EN-US style="font-size:9.0pt;">Consists of cash
dividend amounting to Rp6,030,820 million and special cash dividend amounting
Rp1,096,513 million.</font></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:9.0pt;">(4)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="times new roman" lang=EN-US style="font-size:9.0pt;">Consists of cash
dividend amounting to Rp7,067,582 million and special cash dividend amounting
Rp1,285,015 million.</font></p>

<p style="margin-bottom:0in;margin-left:22.5pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="times new roman" lang=EN-US style="font-size:9.0pt;">(5)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="times new roman" lang=EN-US style="font-size:9.0pt;">Consists of cash
dividend amounting to Rp7,812,588 million and special cash dividend amounting
Rp2,130,706 million.</font></p>

<p style="margin:0in;margin-bottom:10.0pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Telkomsel Dividend</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pursuant
to AGMS on April </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">1</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">, 2014, Telkomsel approved the payment of a cash
dividend of Rp</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">15,612&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> billion, which represented </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">90</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">% of
Telkomsel&#8217;s net profit in 2013, Rp5</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">464 billion of this dividend was distributed to </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Singapore Telecom Mobile Pte Ltd (&#8220;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SingTel Mobile</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&#8221;)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 2012,
2013, and 2014 cash dividends were paid to SingTel Mobile, a non-controlling
shareholder of Telkomsel, amounting to Rp</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">3</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">,591
billion Rp4,675 billion and Rp5</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">464 billion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B.
&#160;&#160; SIGNIFICANT CHANGES</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;text-autospace:ideograph-other;">See
Note 43 to our Consolidated Financial Statements.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>




<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a name=ITEM9></a></p>
<a name="_bclFooter93"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">88</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_94"></a><a name="_bclPageBorder94"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader94"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of
Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
9. THE OFFER AND LISTING</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A.
&#160;&#160; OFFER AND LISTING DETAILS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:0pt;line-height:normal;">The table below shows the high, low,
closing quoted prices, trading volume, outstanding shares and market
capitalization for our common stock on the IDX during the periods indicated:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:11.25pt;">
  <td valign=bottom width=7% style="background:white;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:12.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Price per Share of Common Stock</font></b></p>
  </td>
 <td rowspan=3 valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Volume </font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(shares)</font></b></p>
  </td>
 <td rowspan=3 valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Outstanding Shares</font></b></p>
  </td>
 <td rowspan=3 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Market Capitalization</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp billion)</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=2 valign=bottom width=27% style="background:white;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Calendar Year</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Closing</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><sup><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></sup></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=30% style="background:white;border-bottom:solid black 1.0pt;height:11.25pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in Rupiah)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,960&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,390&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,590&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">28,539,250,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,347,123,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">160,272&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,610&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,320&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,410&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">22,207,895,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">96,931,696,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">142,128&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,990&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,330&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,810&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">23,002,802,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">95,745,344,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">182,448&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,580&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,760&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,150&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">27,839,305,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,100,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">216,720&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">First Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,230&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,760&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,993,025,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">95,745,344,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">221,760&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Second Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,580&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,250&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">8,265,647,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">96,044,401,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">226,800&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Third Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,950&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">7,206,438,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,100,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">211,680&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Fourth Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,375&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,980&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,150&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,374,194,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,100,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">216,720&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,010&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,060&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,865&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">24,035,761,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">288,792&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">First Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,420&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,060&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,215&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,647,275,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">97,100,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">223,272&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Second Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,700&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,150&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,465&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,736,807,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">248,472&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Third Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,010&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,465&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,915&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,313,076,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">293,832&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Fourth Quarter</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,930&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,590&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,865&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,338,601,300&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">288,792&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">September</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,010&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,675&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,915&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,769,250,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">293,832&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">October</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,930&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,680&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,750&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,482,524,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">277,200&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">November</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,830&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,590&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,825&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,559,250,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">284,760&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">December</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,890&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,725&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,865&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,296,825,900&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">288,792&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=20% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><sup><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></sup></p>
  </td>
 <td valign=bottom width=15% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:#c6d9f1;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">January</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,930&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,780&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,830&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,403,802,200&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">285,264&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=7% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=20% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">February</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,020&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,935&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,785,881,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">98,175,853,600&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 5.75pt 0in 5.75pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">295,848&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:4.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(1)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">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.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(2)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">We conducted a five for one split of
our common stock from a nominal value of Rp250 per share to Rp50 per share as
resolved by the AGMS on April 19, 2013, effective September 2, 2013</font><b><i><font color=windowtext face="Times New Roman" lang=IN style="font-size:9.0pt;line-height:normal;">.&nbsp;</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(3)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">The price per share of the common
stock reflects this two splits above for
all periods shown.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(4)</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:9.0pt;line-height:normal;">Market capitalization is multiplying
between the share prices and issued and fully paid shares which are
100,799,996,400 shares.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:0in;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.3pt;line-height:normal;">On December 30, 2014, the last day of trading on the IDX in 2014, the
closing price for our common stock was </font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">Rp</font><font color=windowtext face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:.55pt;line-height:normal;">2,865&nbsp;</font><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">
per share.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
   </td>
 <td valign=bottom width=21% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Price per ADS (NYSE)</font></b></p>
   </td>
 <td rowspan=3 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Volume</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in ADS)</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Price per ADS (LSE)</font></b></p>
   </td>
 <td rowspan=3 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Volume</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in ADS)</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Calendar Year</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Closing</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Closing</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in US Dollars)</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in US Dollars)</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2010&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43.80&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.33&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.65&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">69,803,576&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.76&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">34.91&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">19,673&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2011&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.96&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.29&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.74&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">69,279,100&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.89&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21.02&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.50&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">1,406,292&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41.14&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">29.26&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.95&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">88,190,589&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">40.12&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">30.24&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.50&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">746,278&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">50.61&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.85&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">67,061,105&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">50.59&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.44&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.33&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,579,103&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">First Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.32&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.17&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.08&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">13,876,752&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.83&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">37.06&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.28&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,819&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Second Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">50.61&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42.74&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">15,688,290&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">50.59&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.31&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.34&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">6,465,258&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Third Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">47.20&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">34.54&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.31&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18,713,653&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">47.44&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.62&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.27&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">79,240&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Fourth Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41.69&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.85&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">18,782,410&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41.69&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.44&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">35.33&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">21,786&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.91&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.23&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">52,250,948&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.42&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">12,008&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">First Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">40.59&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">33.91&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.37&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,346,799&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.55&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">38.42&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.55&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">986&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Second Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.45&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41.66&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">16,409,533&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">39.95&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43.00&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">11,022&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Third Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">41.69&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.10&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,670,921&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Fourth Quarter</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.43&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42.29&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.23&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">9,823,695&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
</table></div>





<a name="_bclFooter94"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">89</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_95"></a><a name="_bclPageBorder95"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader95"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
   </td>
 <td valign=bottom width=21% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Price per ADS (NYSE)</font></b></p>
   </td>
 <td rowspan=3 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Volume</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in ADS)</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Price per ADS (LSE)</font></b></p>
   </td>
 <td rowspan=3 valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Volume</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in ADS)</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Calendar Year</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Closing</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">High</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Low</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Closing</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in US Dollars)</font></b></p>
   </td>
 <td colspan=3 valign=bottom width=26% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(in US Dollars)</font></b></p>
   </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">September</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.75&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.85&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.10&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">2,722,429&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">October</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">48.43&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.26&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.35&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">4,383,362&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">November</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46.39&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">34.70&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">36.54&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">5,866,608&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">December</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">46.89&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">42.29&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.23&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,254,644&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=22% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">January</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">47.07&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">43.84&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.10&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">3,796,653&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=1% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">February</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">45.42&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.82&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">44.91&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">128,606&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">0&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;line-height:normal;">The last day of trading on the NYSE in 2014, which on
December 31, the closing price for one Telkom ADS was US$</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">45.23.&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Effective
from June 5, 2014, due to the low level
of our ADSs traded, we delisted our ADSs listing from LSE. The closing price of
Telkom ADS last transaction on the LSE for our ADS on June 4, 2014 was </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;">US$</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">43.00.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B. PLAN OF DISTRIBUTION</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.2pt;line-height:normal;">C.</font></b><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:7.0pt;letter-spacing:.2pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.2pt;line-height:normal;">MARKETS&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.2pt;line-height:normal;">Our common stock is listed and traded on the IDX. Our ADSs are also
listed and traded on the NYSE with one ADS representing 200 shares of Common
Stock. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:10.0pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
Indonesian Stock Market </font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Indonesia&#8217;s stock market, known as the IDX, grew out of the December 1,
2007 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;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">As at December 31, 2014, the IDX had 506 issuers for
equity and 110 active brokerage houses. In 2014, IDX recorded a trading volume
of 169</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">
billion</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;"> shares. As
at December 31, 2014, the total market capitalization was valued at Rp5,227
trillion (US$429.5billion).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;"> for the first session)</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">. The regular market is the
mechanism for trading stock in standard lots on a continuous auction basis
during exchange hours. Auctions on the IDX on regular market and cash
markettake 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). 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">On November 14, 2012</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">IDX issued a Decree of BOD No. Kep-00399/BEI/11-2012 </font><font face="Times New Roman" lang=IN style="background:white;font-size:10.0pt;">regarding </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">the Change of Trading Regulation No.
IIA on Equity &#8211; Type Securities Trading </font><font face="Times New Roman" lang=IN style="background:white;font-size:10.0pt;">which changed the</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">IDX&#8217;</font><font face="Times New Roman" lang=IN style="background:white;font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">trading hours</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">Effective </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">January 2, 201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">4 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">with trading sessions as follow:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=21% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Trading Session</font></b></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Market</font></b></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Day</font></b></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Trading Hours</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Pre-opening</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Regular</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Friday</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">08.45.00-08.55.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">1<sup>st</sup></font></p>
  </td>
 <td valign=top width=20% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Regular</font></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Thursday</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">09.00.00-12.00.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Cash</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Friday</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">09.00.00-11.30.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Negotiation</font></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">2<sup>nd</sup></font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Regular</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Thursday</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">13.30.00-15.49.59</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Friday</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">14.00.00-15.49.59</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Negotiation</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Thursday</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">13.30.00-16.15.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Friday</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">14.00.00-16.15.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Pre-closing</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Regular</font></p>
  </td>
 <td valign=top width=25% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Friday</font></p>
  </td>
 <td valign=top width=34% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">15.50.00-16.00.00</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Post Trading</font></p>
  </td>
 <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Regular</font></p>
  </td>
 <td valign=top width=25% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Monday-Friday</font></p>
  </td>
 <td valign=top width=34% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=windowtext face="Times New Roman" style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">16.05.00-16.15.00</font></p>
  </td>
 </tr>
</table></div>





<a name="_bclFooter95"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">90</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_96"></a><a name="_bclPageBorder96"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader96"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">On November 8, 2013</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">IDX issued a Decree of BOD No. Kep-00071/BEI/11-2013 </font><font face="Times New Roman" lang=IN style="background:white;font-size:10.0pt;">regarding&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">the Change of Trading Regulation No.
IIA on Equity &#8211; Type Securities Trading that change </font><font face="Times New Roman" lang=IN style="background:white;font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> </font><font face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">lot size, tick price and maximum price movement</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">effective </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">January 2</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">2013.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Lot
size </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">changed&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> from 500 shares to 100 shares and tick price and
maximum share price movement </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">changed
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">as follow</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">:&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100.0%;">
 <tr>
  <td colspan=3 valign=top width=52% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Previous</font></b></p>
  </td>
 <td colspan=3 valign=top width=48% style="border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">New</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=bottom width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Group Price</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Tick Price</font></b></p>
  </td>
 <td valign=bottom width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Maximum Share Price Movement</font></b></p>
  </td>
 <td valign=bottom width=18% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Group Price</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Tick Price</font></b></p>
  </td>
 <td valign=bottom width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;">Maximum Share Price Movement</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&#8804;Rp200</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:7.05pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp1</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:34.85pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp10</font></p>
  </td>
 <td rowspan=2 width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">&#8804;Rp500</font></p>
  </td>
 <td rowspan=2 width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp1</font></p>
  </td>
 <td rowspan=2 width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp20</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp200
  &#8211; Rp500</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:7.05pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp5</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:34.85pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp50</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp500
  &#8211; Rp2,000</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:7.05pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp10</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:34.85pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp100</font></p>
  </td>
 <td rowspan=2 width=18% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp500 &#8211; Rp5,000</font></p>
  </td>
 <td rowspan=2 width=10% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp5</font></p>
  </td>
 <td rowspan=2 width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp100</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp2,000
  &#8211; Rp5,000</font></p>
  </td>
 <td valign=top width=11% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:7.05pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp25</font></p>
  </td>
 <td valign=top width=21% style="border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:34.85pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp250</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">&#8805;Rp5,000</font></p>
  </td>
 <td valign=top width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:7.05pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp50</font></p>
  </td>
 <td valign=top width=21% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:34.85pt;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;">Rp500</font></p>
  </td>
 <td valign=top width=18% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">&#8805;Rp5,000</font></p>
  </td>
 <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp25</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" style="font-size:10.0pt;">Rp500</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">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 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;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">When conducting share transactions on the IDX, each exchange
member is required to pay a transaction cost for transactions on the regular
market and cash market of 0.03%, guarantee fund </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">0.01% of the transaction value and VAT and other
tax obligation. For the negotiated market, a transaction cost is 0.03% or depending
on any other amount stipulated by the IDX</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;"> is applicable</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">. A </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">minimum monthly transaction fee of Rp2 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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">Since the global financial crisis in the last quarter of
2008 that caused a typical share price movements</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;"> 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 35%
above or below the reference price for stocks in the Rp50 - Rp200 price range,
25% for stocks in the Rp200 to Rp5,000 range, and 20% for stocks priced above
Rp5,000. The auto rejection level in the case of an IPO is determined at a level which is twice as
high as </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;">for </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">normal trading. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Auto rejection also arises when selling offer or
buying request volume reaches of over 5 billion shares or 5% of total shares
listed, whichever is smaller.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;">Trading on the NYSE and LSE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">See
Item 12 &#8220;Description of Securities Other Than Equity Securities&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">D. SELLING STOCKHOLDERS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">E. DILUTION</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">F. EXPENSES OF THE ISSUE</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM10></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 10. ADDITIONAL
INFORMATION</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">A. SHARE CAPITAL</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>





<a name="_bclFooter96"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">91</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_97"></a><a name="_bclPageBorder97"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader97"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">B. MEMORANDUM AND ARTICLES OF
ASSOCIATION</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Description of Articles of Association</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Our
Articles of Association are registered in accordance with the Limited Liability
Company Law No.1 of 1995, and approved by Ministerial Decree
No.C2-7468.HT.01.04.TH.97 of 1997. Pursuant to the issuance of the Company Law
No.40 of 2007 which revoked Limited Liability Companies Law No.1 of 1995, we
have amended our Articles of Association which was approved by the Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ry
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of Law and Human Rights of the Republic
of Indonesia pursuant to Decree of the Minist</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ry </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of Justice and Human Rights No.AHU.46312.AH.01.02 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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Our</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Articles of Association ha</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ve&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> been
amended several times, the&nbsp;latest&nbsp;amendment of which </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">primarily related to</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> the change of </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">our </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">capital
structure </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">resulting from our</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 5-for-1 stock split whereby each share with par value
of Rp250 split into </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">five shares
of par value </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rp50&nbsp;per share, and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">changes relating to exclusion of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">artnership and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ommunity </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">d</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">evelopment </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">rogramme
(PKBL) from the </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">w</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ork </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">p</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">lan and </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">c</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ompany&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> b</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">udgets, based on notarial deed No. 11 dated May 8, 2013
of Ashoya Ratam, S.H., MKn. The latest amendment was accepted and approved by
the Ministry of Law and Human Rights of the Republic of Indonesia (&#8220;MoLHR&#8221;) in
its Letter No. AHU-AH.01.10-22500 dated June 7, 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In accordance with Article 3
of the Company&#8217;s Articles of Association,
the scope of it</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> activities</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> are</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> to
provide telecommunication network and services and informatics, and to optimize
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="margin:0in;margin-bottom:.0001pt;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Main business:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Planning, building, providing,
developing, operating, marketing or selling, leasing and maintaining
telecommunications and information networks </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in a broad sense </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in
accordance with prevailing regulations. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Planning, developing, providing,
marketing or selling and improving telecommunications and information services </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">in a broad sense </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">in accordance with prevailing regulations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Supporting business:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Providing payment
transactions and money transferring services through telecommunications and
information networks.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">moving&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> assets, information systems, education and training</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> and
repairs and maintenance facilities.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-SG style="font-size:10.0pt;">A member of the Board of Directors shall
have no right to represent the Company if such member has a conflict of
interest with the Company. 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. Such General Meeting
of Shareholders must be attended by independent shareholders (i.e. those
shareholders having no conflict of interest) who hold more than one-half of the
total number of shares with valid voting rights held by all independent
shareholders and the resolution must be passed by the affirmative votes of
independent shareholders holding more than one-half of the total number of
shares with valid voting rights. In passing any resolutions, the main
shareholders, members of the Board of Directors and members of the Board of
Commissioners with conflicts of interests with the transaction that is being
decided shall not be entitled to give any recommendation or opinion. 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 those with conflicts of interest.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-SG style="font-size:10.0pt;">Compensation of members of the Board of
Directors is decided at a General Meeting of Shareholders, although the
authority may be delegated to the Board of Commissioners, in which case
compensation shall be determined based on a resolution of the Board of
Commissioners.</font></p>





<a name="_bclFooter97"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">92</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_98"></a><a name="_bclPageBorder98"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader98"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Our Article of Association does not detail on the
borrowing power that is exercisable by Board of Director and the method to very
such borrowing power.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
Articles do not contain any requirement</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Dividend rights</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. 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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Voting rights</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. The holder of each voting share is entitled to one
vote at a GMS;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rights to share in our
Company&#8217;s profits</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. See dividend
rights;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Rights to share in any surplus
in the event of liquidation</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.
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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Redemption provisions</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. There are no stock redemption provisions in our
Articles. However, based on Article 37 of the Company Law, we may buy back up
to 10% of our issued and outstanding shares;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Reserved fund provisions</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. 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 for the purposes of our Company;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Liability for further capital
calls</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. 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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">-</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Provisions discriminating
against any existing or prospective holder of such securities because of such
shareholder owning a substantial number of shares</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">. The Articles do not contain any such provision.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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. 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. 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.
The invitation for the GMS is also required 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 at least 14 days (excluding the date of the invitation and the date
of the meeting) prior to the GMS. The quorum for AGMS or EGMS is shareholders
representing more than half of the total shares with voting rights issued by
us. 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. In case the quorum is not reached, then the invitation to
the second meeting can be made without prior announcement/notice that an
invitation to a meeting will be made. 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 invitation to the meeting and the date of the
meeting). The second meeting will be valid and may pass binding resolutions if
attended by shareholders representing at least one third of the total shares
with valid voting rights. In case the quorum is not reached at the second
meeting, 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></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 or to exercise their
right to vote. 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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>





<a name="_bclFooter98"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">93</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_99"></a><a name="_bclPageBorder99"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader99"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 (other than with respect to provisions and rights relating to
the Dwiwarna Share, which are common for SOEs listed on the IDX). 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>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">C.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">MATERIAL CONTRACTS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">In 2014 and 2013, 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 as disclosed at Note 38 of our Consolidated
Financial Statement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><i><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></i></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">D. EXCHANGE CONTROLS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See Item 3 &#8220;Key Information </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">- Selected Financial Data - </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Exchange Controls&#8221; included elsewhere in this Form
20-F.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">E.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">TAXATION&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indonesian Taxation </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Dividends&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter99"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">94</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_100"></a><a name="_bclPageBorder100"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader100"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Capital Gains</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The sale or transfer of common
stock through the 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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-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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Stamp Duty</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Considerations Regarding
Certain US Federal Income Tax</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 of 1986, as amended, (the &#8220;Tax Code&#8221;). This summary is based upon the
Code, its legislative history, final, temporary and proposed US Treasury
regulations promulgated thereunder, published rulings and court decisions as in
effect on the date hereof, all of which are subject to change, or changes in
interpretation, possibly with retroactive effect. &nbsp;In addition, this
discussion is based in part upon representations of the depositary and the
assumption that each obligation in the deposit agreement and any related
agreements will be performed according to its terms..</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 address US federal estate, gift or alternative minimum taxes, the US
federal unearned Medicare contribution tax, or state, local, or non-US tax
considerations. Each holder is 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter100"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">95</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_101"></a><a name="_bclPageBorder101"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader101"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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, created in, or organized under the laws of, the US
or any state or the District of Columbia, (iii) an estate the income of which
is includible in gross income for US federal income tax purposes regardless of
its source, or (iv) 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 control all substantial decisions of the trust or (B) that has
made a valid election to be treated as a US person under the Tax Code.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">1.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Distributions on the
Common Shares or ADSs</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Subject to the discussion below under 3. Passive
Foregin Investment Company, below,the gross amount of any distribution (without
reduction for any Indonesian tax withheld) we make on the common shares or ADSs
out of our current or accumulated earnings and profits (as determined for US
federal income tax purposes) will be includible in your gross income as
ordinary dividend income when the distribution is actually or constructively
received by you, or by the depositary in the case of ADSs. Distributions that
exceed our current and accumulated earnings and profits will be treated as a
return of capital to you to the extent of your basis in the ADSs or common
shares and thereafter as capital gain. We, however, may not calculate earnings
and profits in accordance with US tax principles. Accordingly, all
distributions by us to US Holders will generally be treated as dividends. Any
dividend will not be eligible for the dividends-received deduction generally
allowed to US corporations in respect of dividends received from US
corporations. The amount of any distribution of property other than cash will
be the fair market value of such property on the date of such distribution..</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Subject to certain exceptions for short-term and
hedged positions, the US dollar amount of dividends received by certain
non-corporate holders will be subject to taxation at a maximum rate of 20% if
the dividends are &quot;qualified dividends.&quot; Dividends paid on ADSs or
common shares will be treated as qualified dividends if either (i) we are
eligible for the benefits of a comprehensive income tax treaty with the United
States that the Internal Revenue Service, or IRS, has approved for the purposes
of the qualified dividend rules, or (ii) the dividends are with respect to ADSs
readily tradable on a U.S. securities market, provided, in each case, that we
were not, in the year prior to the year in which the dividend was paid, and are
not, in the year in which the dividend is paid, a passive foreign investment
company, or PFIC. The Convention Between the Government of the United States
and the Government of the Republic of Indonesia for the Avoidance of Double
Taxation and the Prevention of Tax Evasion with Respect to Taxes on Income (the
&quot;Treaty&quot;) has been approved for the purposes of the qualified
dividend rules, and we expect to qualify for benefits under the Treaty. We are
considered a qualified foreign corporation with respect to the ADSs because our
ADSs are listed on the New York Stock Exchange. Finally, based on our audited
consolidated financial statements and relevant market data, we believe that we
did not satisfy the definition for PFIC status for U.S. federal income tax
purposes with respect to our 2014 taxable year. In addition, based on our
audited consolidated financial statements and our current expectations
regarding the value and nature of our assets, the sources and nature of our
income, and relevant market data, we do not anticipate becoming a PFIC for our
2015 taxable year or any future year. However, our status in the current year
and future years will depend on our income and assets (which for this purpose
depends in part on the market value of the ADSs or common shares) in those
years. See the discussion below under &quot;&#8212; Passive Foreign Investment
Company&quot;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Holders of ADSs or common shares should consult their
own tax advisers regarding the availability of the reduced dividend tax rate in
light of their own particular circumstances.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The amount of the dividend
distribution that a U.S. holder must include in its income will be the U.S.
dollar value of the Rupiah payments made, determined at the spot Rupiah/U.S.
dollar rate on the date of the dividend distribution, regardless of whether the
payment is in fact converted into U.S. dollars.Generally, any gain or loss
resulting from currency exchange fluctuations during the period from the date
the U.S. holder includes the dividend payment in income to the date it converts
the payment into U.S. dollars will be treated as ordinary income or loss from
US sources.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Subject to various limitations, any Indonesian tax
withheld from distributions in accordance with the Treaty will be deductible or
creditable against your US federal income tax liability. Dividends paid by us
generally will constitute income from sources outside the United States for US
foreign tax credit limitation purposes and will be categorized as &quot;passive
category income&quot; or, in the case of certain US Holders, as &quot;general
category income&quot; for US foreign tax credit purposes.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In the event we are required to withhold Indonesian
income tax on dividends paid to US Holders on the ADSs or common shares (see
discussion under &quot;Indonesian Taxation&quot;), you may be able to claim a
reduced 15% rate of Indonesian withholding tax if you are eligible for benefits
under the Treaty. You should consult your own tax advisor about the eligibility
for reduction of Indonesian withholding tax.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>


<a name="_bclFooter101"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">96</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_102"></a><a name="_bclPageBorder102"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader102"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">You may not be able to claim a foreign tax credit (and
instead may claim a deduction) for non-US taxes imposed on dividends paid on
the ADSs or common shares if you (i) have held the ADSs or common shares for
less than a specified minimum period during which you are not protected from
risk of loss with respect to such shares, or (ii) are obligated to make
payments related to the dividends (for example, pursuant to a short sale). The
rules relating to the US foreign tax credit are complex and US Holders may be
subject to various limitations on the amount of foreign tax credits that are
available. In addition, if the dividends are taxed as qualified dividend income
(as discussed above), the amount of the dividend taken into account for
purposes of calculating a US Holder's foreign tax credit limitation will
generally be limited to the gross amount of the taxable dividend, multiplied by
the reduced tax rate applicable to qualified dividend income and divided by the
highest tax rate normally applicable to dividends. US Holders should consult
their own tax advisors regarding the effect of these rules in their particular
circumstance..</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Sale or Other
Disposition of ADSs or Common Stock</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Subject to the discussion below under &quot;&#8212; Passive
Foreign Investment Company&quot;, upon a sale, exchange or other disposition of
the ADSs or common shares, you will generally recognize capital gain or loss
for US federal income tax purposes in an amount equal to the difference between
the US dollar value of the amount realized and your tax basis, determined in US
dollars, in such ADSs or common shares.&nbsp; Generally, gain or loss
recognized upon the sale or other disposition of ADSs or common shares will be
capital gain or loss, will be long-term capital gain or loss if the US Holder's
holding period for such ADSs or common shares exceeds one year, and will be
income or loss from sources within the United States for foreign tax credit
limitation purposes. For non-corporate US Holders, the United States income tax
rate applicable to net long-term capital gain currently will not exceed 20.0%.
The deductibility of capital losses is subject to significant limitations.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A US Holder that receives foreign currency from a sale
or disposition of ADSs or common shares generally will realize an amount equal
to the US dollar value of the foreign currency determined on (i) the date of
receipt of payment in the case of a cash basis US Holder and (ii) the date of
disposition in the case of an accrual basis US Holder. If ADSs or common shares
are treated as traded on an &quot;established securities market&quot;, a cash
basis taxpayer or, if it so elects, an accrual basis taxpayer, will determine
the US dollar value of the amount realized by translating the amount received
at the spot rate of exchange on the settlement date of the sale. A US Holder
will have a tax basis in the foreign currency received equal to the US dollar
amount realized. Any currency exchange gain or loss realized on a subsequent
conversion of the foreign currency into US dollars for a different amount
generally will be treated as ordinary income or loss from sources within the
United States. However, if such foreign currency is converted into US dollars
on the date received by the US Holder, a cash basis or electing accrual basis
US Holder should not recognize any gain or loss on such conversion.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Any gain or loss will generally be US source gain or
loss for foreign tax credit limitation purposes and as a result of the U.S.
foreign tax credit limitation, foreign taxes, if any, imposed upon capital
gains in respect of the ADSs or common shares may not be currently creditable</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">3.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Passive Foreign
Investment Company</font></i></b></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">In
general, a foreign corporation is a PFIC for any taxable year in which, after
applying relevant look-through rules with respect to the income and assets of
subsidiaries:</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">75% or more of its gross income
consists of passive income, such as dividends, interest, rents, royalties, and
gains from the sale of assets that give rise to such income; or</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=symbol lang=EN-US style="font-size:10.0pt;">&#183;</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">50% or more of the average
quarterly value of its gross assets consists of assets that produce, or are
held for the production of, passive income.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&quot;Passive
income&quot; for this purpose includes, for example, dividends, interest,
royalties, rents and gains from commodities and securities transactions.
Passive income does not include rents and royalties derived from the active
conduct of a trade or business. If the stock of a non-U.S. corporation is
publicly traded for the taxable year, the asset test is applied using the fair
market value of the assets for purposes of measuring such corporation's assets.
If we own at least 25% (by value) of the stock of another corporation, we will
be treated, for purposes of the PFIC tests, as owning our proportionate share
of the other corporation's assets and receiving our proportionate share of the
other corporation's income for purposes of the PFIC income and asset tests.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Based on the current and anticipated composition of
our assets and income and the current expectations regarding the price of the
ADSs and common shares, we believe that we were not a PFIC for US federal
income tax purposes with respect to our 2014 taxable year and we do not intend
to become or anticipate becoming a PFIC for any future taxable year. However,
the determination of PFIC status is a factual determination that must be made
annually at the close of each taxable year and therefore, there can be no
certainty as to our status in this regard until the close of the 2015 taxable
year. Changes in the </font></p>


<a name="_bclFooter102"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">97</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_103"></a><a name="_bclPageBorder103"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader103"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">nature
of our income or assets or a decrease in the trading price of the ADSs or
common shares may cause us to be considered a PFIC in the current or any
subsequent year.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">If we
were a PFIC in any taxable year that you held the ADSs or common shares, you
generally would be subject to special rules with respect to &quot;excess
distributions&quot; made by us on the ADSs or common shares and with respect to
gain from your disposition of the ADSs or common shares. An &quot;excess
distribution&quot; generally is defined as the excess of the distributions you
receive with respect to the ADSs or common shares in any taxable year over 125%
of the average annual distributions you have received from us during the
shorter of the three preceding years, or your holding period for the ADSs or
common shares. Generally, you would be required to allocate any excess
distribution or gain from the disposition of the ADSs or common shares ratably
over your holding period for the ADSs or common shares. The portion of the
excess distribution or gain allocated to a prior taxable year, other than a
year prior to the first year in which we became a PFIC, would be taxed at the
highest US federal income tax rate on ordinary income in effect for such
taxable year, and you would be subject to an interest charge on the resulting
tax liability, determined as if the tax liability had been due with respect to
such particular taxable years. The portion of the excess distribution or gain that
is not allocated to prior taxable years, together with the portion allocated to
the years prior to the first year in which we became a PFIC, would be included
in your gross income for the taxable year of the excess distribution or
disposition and taxed as ordinary income. If we were a PFIC in any year during
a US Holder's holding period, we would generally be treated as a PFIC for each
subsequent year absent a &quot;purging&quot; election by the US Holder.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">These
adverse tax consequences may be avoided if the US Holder is eligible to and
does elect to annually mark-to-market the ADSs or common shares. If a US Holder
makes a mark-to-market election, such holder will generally include as ordinary
income the excess, if any, of the fair market value of the ADSs or common
shares at the end of each taxable year over their adjusted basis, and will be
permitted an ordinary loss in respect of the excess, if any, of the adjusted
basis of the ADSs or common shares over their fair market value at the end of
the taxable year (but only to the extent of the net amount of income previously
included as a result of the mark-to-market election). Any gain recognized on
the sale or other disposition of the ADSs &nbsp;or common shares will be
treated as ordinary income. The mark-to-market election is available only for
&quot;marketable stock,&quot; which is stock that is traded in other than de
minimis quantities on at least 15 days during each calendar quarter on a
qualified exchange or other market, as defined in the applicable Treasury regulations.
The ADSs should qualify as &quot;marketable stock&quot; because the ADSs are
listed on the New York Stock Exchange.&nbsp; However, the stock of any of our
subsidiaries that were PFICs would not be eligible for the mark-to-market
election.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A US
Holder's adjusted tax basis in the ADSs or common shares will be increased by
the amount of any income inclusion and decreased by the amount of any
deductions under the mark-to-market rules. If a US Holder makes a
mark-to-market election it will be effective for the taxable year for which the
election is made and all subsequent taxable years unless the </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">ADSs
or common shares are no longer regularly traded on a qualified exchange or the
IRS consents to the revocation of the election. US Holders are urged to consult
their tax advisors about the availability of the mark-to-market election, and
whether making the election would be advisable in their particular
circumstances.</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:35.3pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Alternatively,
a timely election to treat us as a qualified electing fund could be made to
avoid the foregoing rules with respect to excess distributions and
dispositions. You should be aware, however, that if we become a PFIC, we do not
intend to satisfy record keeping requirements that would permit you to make a
qualified electing fund election.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">If we
were regarded as a PFIC, a US Holder of ADSs or common shares generally would
be required to file an information return on IRS Form 8621 for any year in
which the holder received a direct or indirect distribution with respect to the
ADSs or common shares, recognized gain on a direct or indirect disposition of
the ADSs or common shares, or made an election with respect to the ADSs or
common shares, reporting distributions received and gains realized with respect
to the ADSs or common shares. In addition, pursuant to recently enacted
legislation, if we were regarded as a PFIC, a US Holder would be required to
file an annual information return (also on IRS Form 8621) relating to the
holder's ownership of the ADSs or common shares. This requirement would be in
addition to other reporting requirements applicable to ownership in a PFIC.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:35.3pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">We encourage you to consult your own tax advisor
concerning the U.S. federal income tax consequences of holding the ADSs or
common shares that would arise if we were considered a PFIC.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.2in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4.</font></i></b><b><i><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></i></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Backup Withholding
Tax and Information Reporting Requirements</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">US backup withholding tax and
information reporting requirements generally apply to certain payments made 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 pay or US middleman to a
holder of ADSs ordinary </font></p>


<a name="_bclFooter103"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">98</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_104"></a><a name="_bclPageBorder104"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader104"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:11.5pt;">5.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Information with Respect
to Foreign Financial Assets</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Certain US Holders may be
required to report information with respect to such holder's interest in
&#8220;specified foreign financial assets&#8221; (as defined in Section 6038D of the Code),
including stock of a non-US corporation that is not held in an account
maintained by a financial institution, if the aggregate value of all such
assets exceeds certain dollar thresholds. Persons who are required to report
specified foreign financial assets and fail to do so may be subject to
substantial penalties. US Holders are urged to consult their own tax advisers
regarding the foreign financial asset reporting obligations and their possible
application to the holding of the ADSs or common shares.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">F.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">DIVIDENDS AND PAYING AGENTS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">G.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">STATEMENT BY EXPERTS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">H.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">DOCUMENTS ON DISPLAY</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> &#8211; History and Development of the Company &#8211; Telkom Indonesia Profile</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&#8221;.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SUBSIDIARY INFORMATION</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM11></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 11. QUANTITATIVE
AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We are exposed to
market risks that arise from changes in foreign exchange rates and interest
rates 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, 2014, assets in foreign currencies reached
84.0% 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 2012, 2013 and 2014 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 2015 or thereafter.</font></p>





<a name="_bclFooter104"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">99</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_105"></a><a name="_bclPageBorder105"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader105"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:115%;">Foreign </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">Exchange Rate Risk</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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 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></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The information
presented in the following table is based on assumptions of buying and s</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">ell</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ing
rates in US Dollar as well as other currencies, which were quoted by Reuters on
December 31, 2014 and applied respectively to monetary assets and liabilities.
The bid and offer rates as of December 31, 2014 were Rp12,380 and Rp12,390 to
US$1, respectively. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:16.35pt;">
  <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td colspan=2 valign=bottom width=22% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Outstanding Balance</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">as of December 31, 2014</font></b></p>
   </td>
 <td colspan=6 valign=bottom width=56% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Expected Maturity Date</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fair</font></b></p>
   </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=2% style="background:white;height:15.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:15.0pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td rowspan=2 valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Foreign Currency</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(million)</font></b></p>
   </td>
 <td rowspan=2 valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Rp Equiv.</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2015</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2016</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2017</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2018</font></b></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2019</font></b></p>
   </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">There </font></b><b><font color=black face="Times New Roman" lang=IN style="font-size:8.0pt;">a</font></b><b><font color=black face="Times New Roman" style="font-size:8.0pt;">fter&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Value</font></b></p>
   </td>
 </tr>
<tr style="height:8.25pt;">
  <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td colspan=6 valign=bottom width=56% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">ASSETS<sup> </sup></font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Cash and Cash Equivalents<sup> </sup></font></b></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 364&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,526,838&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,526,838&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,526,838&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Japanese Yen<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 8&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 875&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 875&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 875&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 16&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 193,242&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 193,242&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 193,242&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Other Current Financial Assets</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 16&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 191,607&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 191,607&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 191,607&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Trade Receivables</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Related Parties</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 25,919&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 25,919&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 25,919&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Third Parties</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 85&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,053,085&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,053,085&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,053,085&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 35,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 35,400&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 35,400&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Other Receivables</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,876&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,876&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,876&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,381&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,381&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,381&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Advances and Other Non-Current Assets</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 50,535&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 49,654&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 881&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 50,535&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 610&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 610&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 610&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">LIABILITIES</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Trade Payables</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Related Parties</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,763&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,763&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,763&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,001&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,001&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,001&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Third Parties</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 228&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,833,792&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,833,792&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,833,792&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Japanese Yen</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">19&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,162&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,162&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,162&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">3&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">42,406&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 42,406&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 42,406&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Other Payables</font></b></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 42,548&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 42,548&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 42,548&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<a name="_bclFooter105"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">100</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_106"></a><a name="_bclPageBorder106"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader106"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:16.35pt;">
  <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td colspan=2 valign=bottom width=22% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Outstanding Balance</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">as of December 31, 2014</font></b></p>
   </td>
 <td colspan=6 valign=bottom width=54% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Expected Maturity Date</font></b></p>
   </td>
 <td valign=bottom width=13% style="background:white;border-top:solid black 1.0pt;height:16.35pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fair</font></b></p>
   </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=2% style="background:white;height:15.0pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
   </td>
 <td valign=bottom width=9% style="background:white;height:15.0pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td rowspan=2 valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Foreign Currency</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(million)</font></b></p>
   </td>
 <td rowspan=2 valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Rp Equiv.</font></b></p>
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2015</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2016</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2017</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2018</font></b></p>
   </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2019</font></b></p>
   </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">There </font></b><b><font color=black face="Times New Roman" lang=IN style="font-size:8.0pt;">a</font></b><b><font color=black face="Times New Roman" style="font-size:8.0pt;">fter&nbsp;</font></b></p>
   </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Value</font></b></p>
   </td>
 </tr>
<tr style="height:8.25pt;">
  <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
   <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
   </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td colspan=6 valign=bottom width=54% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">
   <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
   </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:8.25pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">14,327&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 14,327&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 14,327&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Accrued Expenses</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 66&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 819,711&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 819,711&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 819,711&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Japanese Yen<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 27&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,839&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,839&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,839&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 12,666&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 12,666&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 12,666&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Advances from Customers
  and Suppliers</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 29,884&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 29,884&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 29,884&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Other<sup>(1)</sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 825&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 825&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 825&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Short term bank loan</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 100&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,244,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,244,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,244,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Current Maturities of
  Long-term Liabilities</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;">
  </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 35&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 429,510&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 429,510&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 451,194&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Japanese Yen<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 768&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 102,045&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Promissory Notes</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 7&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 88,665&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 64,008&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 23,371&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,286&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 88,191&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=2 valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Long-term Liabilities</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;">(2)</font></sup></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=11% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=13% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 71&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 880,772&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 317,305&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 231,678&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 131,237&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 93,559&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 106,993&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 868,178&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=2% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face=arial,sans-serif style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">Japanese Yen<sup> </sup></font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6,911&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 716,264&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 397,924&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 727,034&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=11 valign=bottom width=100% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;"><font color=black face="Times New Roman" style="font-size:8.0pt;">(1) Assets and liabilities denominated in other foreign
  currencies are presented as US Dollars equivalents using the Reuters bid and offer
  rates prevailing at end of the reporting period.</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=11 valign=bottom width=100% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman" style="font-size:8.0pt;">(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="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face=Times lang=EN-US style="font-size:10.0pt;">Interest Rate Risk</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">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 face="times new roman" lang=IN style="font-size:10.0pt;">Interest
rate fluctuation is monitored to minimize any negative impact to financial
position. Borrowings at variable interest rates expose </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">our&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> Company
and our subsidiaries to interest rate risk. To measure market risk fluctuations
in interest rates, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">our&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> Company
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">and
our subsidiaries </font><font face="times new roman" lang=IN style="font-size:10.0pt;">primarily
use interest </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">margin&nbsp;</font><font face="times new roman" lang=IN style="font-size:10.0pt;"> and
maturity profile of the financial assets and liabilities based on changing
schedule of the interest rate.</font></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">The actual cash flows from
our debt are denominated in Rupiah, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">US Dollar</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">, 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 face="times new roman" lang=EN-US style="font-size:10.0pt;">2014&nbsp;</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;"> 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 face="times new roman" lang=EN-US style="font-size:10.0pt;">2014&nbsp;</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;"> 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 face="times new roman" lang=EN-US style="font-size:10.0pt;">US Dollar</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">
deposits are 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 face="times new roman" lang=EN-US style="font-size:10.0pt;">2014&nbsp;</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;"> and
(iv) the value of marketable securities is based on the value of such
securities on December 31, </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">2014</font><font color=black face="times new roman" lang=EN-US style="font-size:10.0pt;">. 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>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter106"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">101</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_107"></a><a name="_bclPageBorder107"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader107"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 width="100%" border=0 style="border-collapse:collapse;">
 <tr style="height:9.75pt;">
  <td valign=top width=9% style="background:white;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">


  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> <sup> </sup></font></p>
  </td>
 <td colspan=3 width=23% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Outstanding Balance </font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">as of December 31, 2014</font></b></p>
  </td>
 <td colspan=7 width=68% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Expected Maturity Date</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=top width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;"> <sup> </sup></font></b></p>
  </td>
 <td rowspan=2 width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Original Currency</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(million)</font></b></p>
  </td>
 <td rowspan=2 width=8% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Rp Equiv.</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
  </td>
 <td rowspan=2 width=8% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Rate</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(%)</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2015&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2016&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2017&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2018&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">2019&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">There after</font></b></p>
  </td>
 <td width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fair Value</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=top width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;"> <sup> </sup></font></b></p>
  </td>
 <td colspan=7 width=68% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">(Rp million)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">ASSETS</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fixed Rate</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Cash and Cash Equivalents</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Time deposit</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 11,531,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 11,531,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">4-11.5</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 11,531,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 11,531,450&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 279&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,460,434&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0.03-3</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,460,434&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,460,434&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Other Current Financial Assets</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Time deposit</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">&nbsp;</td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 9&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 110,472&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">0.85-1.00</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 110,472&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 110,472&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Available-for-Sale Financial Assets</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 120,360&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 120,360&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">6.88-7.25</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 120,360&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 120,360&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 7&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 82,135&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">10.4-11.80</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 82,135&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 82,135&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">LIABILITIES</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Short-term Bank Loans</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Variable Rate</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 480,983&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 480,983&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 480,983&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 480,983&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">100&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">1,244,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">-&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">1,244,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">1,244,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fixed Rate</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 85,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">85,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">85,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 85,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Long-term Liabilities</font></b><sup><font color=black face="Times New Roman" style="font-size:8.0pt;">(1)</font></sup></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Variable Rate</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 10,921,317&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 10,921,317&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,751,311&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,281,449&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,962,849&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,759,891&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 610,134&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 555,683&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 10,770,905&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,316,163&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,316,163&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">8-15</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 905,121&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 630,108&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 408,030&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 236,611&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 85,450&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 50,843&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 56&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 692,552&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 299,676&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 219,813&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 127,168&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 30,407&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 15,488&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 687,484&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 13,494&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">1.14-6</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6,441&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,382&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,946&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 604&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 121&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Fixed Rate</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,789,068&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,789,068&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,026,059&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 44,034&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 44,225&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 43,678&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 261,042&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,370,030&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3,836,942&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,821,871&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,821,871&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">5-11</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 357,768&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 282,238&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 277,654&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 273,217&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 268,862&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 362,132&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 53&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 653,820&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 170,866&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 98,192&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 99,282&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 100,417&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 78,070&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 106,993&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 667,505&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 71,266&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">2-5</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 20,999&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 16,077&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 12,780&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 9,526&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6,271&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 5,613&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Japanese Yen</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 7,679&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 795,849&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 79,585&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 397,924&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 829,079&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,250&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 129,575&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 3.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 24,050&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 21,643&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 19,115&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 16,648&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 14,181&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 33,938&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><b><font color=black face="Times New Roman" style="font-size:8.0pt;">Finance Leases</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> Rupiah</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,736,901&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,736,901&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 548,582&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 551,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 594,832&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 591,140&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 571,047&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,879,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4,736,901&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,739,038&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1,739,038&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">2.75-11.76</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 400,739&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 349,747&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 295,854&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 238,693&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 186,713&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 267,292&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> US Dollar</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=8% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=9% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 <td valign=bottom width=14% style="background:white;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> </font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:#c6d9f1;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Principal</font></p>
  </td>
 <td valign=bottom width=7% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 4&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 52,574&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 22,977&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 22,671&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6,514&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 412&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 52,574&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;page-break-after:avoid;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">      Interest</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 1&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 6,453&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;">4-5.8</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,832&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 2,757&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 820&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> 44&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="background:white;border-bottom:solid black 1.0pt;height:9.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman" style="font-size:8.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:23.25pt;">
  <td colspan=11 valign=bottom width=100% style="background:white;height:23.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;margin-left:.15in;text-align:justify;text-indent:-.15in;"><font color=black face="Times New Roman" style="font-size:8.0pt;">(1) Long-term liabilities
  consist of loans which are subject to interest; namely two-step loans, bonds
  and notes and long-term bank loans, which in each case include their
  maturities.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>





<a name="_bclFooter107"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">102</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_108"></a><a name="_bclPageBorder108"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader108"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM12></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 12. DESCRIPTION
OF SECURITIES OTHER THAN EQUITY SECURITIES</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">American Depositary Shares</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Bank of New York Mellon </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Corporation </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">(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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">Costs Related to ADS Issue and Handling </font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><b><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Shareholders depositing or
  withdrawing ordinary shares or ADS must pay:</font></b></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;border-top:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:3.0pt;margin-left:1.2pt;margin-right:0in;margin-top:3.0pt;"><b><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">For:</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">US$5 (or less) per 100 ADS (or part of 100 ADS).</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Issuance
  of ADS, including issuance resulting from a distribution of shares or rights
  or other property.</font></p>
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Cancellation
  of ADS for the purpose of withdrawal, including in case of termination of the
  deposit agreement.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">US$0.02 (or less) per ADS.</font></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Any
  cash payment to registered ADS shareholders.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Up to US$0.05 per ADS</font></p>
  </td>
 <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Receiving
  or distributing dividend</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">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>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Delivery
  of securities by the Depositary to registered ADS shareholders.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">US$0.02 (or less) per ADS per calendar year.</font></p>
  </td>
 <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Depositary
  services.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Registration or transfer fees.</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">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>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Depositary Fees.</font></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Telegram,
  telex and fax transmissions (if provided for in the deposit agreement).</font></p>
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Converting
  foreign currency to US Dollar.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">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>
 <td valign=top width=50% style="border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">As
  necessary.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">Any costs incurred by the Depositary or its agent for
  servicing the securities deposited.</font></p>
  </td>
 <td valign=top width=50% style="background:#c6d9f1;border-bottom:solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:1.2pt;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">As
  necessary.</font></p>
  </td>
 </tr>
</table></div>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">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 2014, we received </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">USD</font><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:normal;">10,758&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> in
reimbursements from the Depositary.</font></p>









<a name="_bclFooter108"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">103</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_109"></a><a name="_bclPageBorder109"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader109"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PART II</font></b></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM13></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 13. DEFAULTS, DIVIDEND
ARREARAGES AND DELINQUENCIES</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">There are no defaults, dividend arrearages and delinquencies
to which this Item applies.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM14></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 14. MATERIAL
MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not
applicable.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM15></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
15. CONTROLS AND PROCEDURES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-indent:-13.5pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Disclosure Controls and
Procedures</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Management conducted an evaluation on the
effectiveness of the company's disclosure controls and procedures u</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">nder the supervision and with the
participation of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">management, including
the President
Director, which is the same level as </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Chief Executive Officer </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(&#8220;CEO&#8221;) </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Finance
Director, which is the same level as </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Chief Financial Officer</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> (&#8220;CFO&#8221;)</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> (as such term is defined in Rules 13a-15(e)
and 15d-15(e) under the Securities Exchange Act</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">). </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Based on this
evaluation, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> C</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">EO&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and C</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">FO&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> have concluded that, as of December 31, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2014</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the c</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ompany&#8217;s
disclosure controls and procedures were effective. </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">D</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">isclosure
controls and procedures </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">conducted by
management </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">include controls and
procedures </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">that&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 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 management, including the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CEO
and CFO</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, as appropriate, to allow
timely decisions regarding required disclosure.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-13.5pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Management&#8217;s Report
on Internal Control over Financial Reporting</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The Company's Management is responsible for </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">establishing&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 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 face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
internal control over financial reporting is a process designed by, or under
the supervision of, </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the CEO</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and C</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">FO</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, and e</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">x</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ec</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">u</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ted by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the B</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">oard of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">D</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">irectors, management and other personnel, to
provide reasonable assurance regarding the reliability of financial reporting
and the preparation of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">C</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">onsolidated Financial Statements for external
purposes in accordance with International Financial Reporting Standards as
issued by the International Accounting Standards Board</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> 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 </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Company</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> (2) provide reasonable assurance that
transactions are recorded as necessary to permit preparation of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">consolidated&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> financial statements in accordance with International Financial
Reporting Standards as issued by the International Accounting Standards Board</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and
that receipt</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and expenditures of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Company are being
made only in accordance with authorizations of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the Company&#8217;s </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">management
and </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Board of D</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">irectors</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized acquisition, use or
disposition of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> Company&#8217;s assets that could have a material effect on
the </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">C</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">onsolidated </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">F</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">inancial </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">S</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">tatements.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Because of its inherent limitation</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">,
internal control over financial reporting may not prevent or detect </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">all </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">misstatements.
Also, projections of any evaluation of effectiveness to future periods are
subject to the risk that control</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures
may deteriorate</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Management ha</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">s&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> assessed the effectiveness of </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the c</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">ompany&#8217;s
internal control over financial reporting as of December 31, 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">. In
making this assessment </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the&nbsp;</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;"> management used the criteria set forth in
Internal Control &#8211; Integrated Framework issued by the Committee of Sponsoring </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">O</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">rganizations
of the Treadway </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Commission </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(&#8220;COSO&#8221;) (</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2013 framework</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">). Based on this assessment, management concluded that as of December
31, 201</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">4</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, our internal control over financial reporting was
effective.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<b><font face="times new roman" lang=IN style="font-size:10.0pt;"><br clear=all>


</font></b>
<a name="_bclFooter109"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">104</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_110"></a><a name="_bclPageBorder110"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader110"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-13.5pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">c.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Attestation Report </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">of&nbsp;</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
the Registered Public Accounting Firm</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">The effectiveness of our internal control over
financial reporting as of December 31, 2014 has been audited by </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">KAP Purwantono, Suherman </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&amp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Surja</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">, an independent registered public accounting
firm, as stated in their report which is included within </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">the Consolidated Financial Statements</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-13.5pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Changes in Internal
Control over Financial Reporting</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;">We are</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;font-weight:normal;"> committed to continual improvements in internal control
processes, and will continue to review and monitor the control over financial
reporting and its procedures in order to ensure compliance with the
requirements of Sarbanes-Oxley Act and related regulations as stipulated by
COSO. </font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;">We&nbsp;</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;font-weight:normal;">
will also continue to assign significant company resources from time to time to
improve its internal control over financial reporting.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM16A></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
Board of Commissioners has determined that </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Agus Yulianto</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">,
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 face="Times New Roman" lang=IN style="font-size:10.0pt;">pursuant </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">to the provisions of
Rule 10A-3 of the Exchange Act. Mr. </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Yulianto&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> has been a member of our Audit Committee since </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">November 2010</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">. Prior to his appointment as a member of our Audit Committee, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">Agus Yulianto</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> practiced and is currently practicing, as a Public Accountant in
Indonesia and provided auditing services and other financial services to
numerous private companies and public institutions.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><a name=ITEM16B></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
16B. CODE OF ETHICS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.15pt;line-height:normal;">In
compliance with the Sarbanes-Oxley Act of 2002 Section 406, our code of ethics
applies equally to our Commissioners, our President Director and our Finance
Director (positions equivalent to Chief Executive Officer and Chief Financial
Officer, respectively), Directors and other key officers as well as all of our
employees. You may view our code of ethics on our website 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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM16C></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES</font></b></p>








<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">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 </font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">April&nbsp;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;"> 4,
2014 appointed the 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, 2014
and on the Effectiveness of Internal Control on Financial Reporting as of
December 31, 2014. The fee for the audit on the Consolidated Financial
Statements for fiscal year 2014 was agreed at Rp</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">3</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">4.</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;font-weight:normal;line-height:normal;">5&nbsp;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;"> billion (excluding VAT).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">KAP Purwantono, Suherman &amp; Surja has
been our public accountant firm since 2012. </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">KAP Purwantono, Suherman &amp; Surja is
also assigned to perform an audit of funds utilization of the Partnership and
Community Development Program (&#8220;PKBL&#8221;) for fiscal year 2014.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;font-weight:normal;line-height:normal;">&nbsp;</font></p>

<font face="times new roman" lang=EN-US style="font-size:10.0pt;"><br clear=all>


</font>
<a name="_bclFooter110"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">105</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_111"></a><a name="_bclPageBorder111"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader111"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Fees
and Services of the External Auditor</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.25pt;line-height:normal;">The following table summarizes the
fees for audit service in 2012</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.25pt;line-height:normal;">,&nbsp;</font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.25pt;line-height:normal;">
2013</font><font color=windowtext face="times new roman" lang=IN style="font-size:10.0pt;letter-spacing:.25pt;line-height:normal;"> and </font><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:.25pt;line-height:normal;">2014: &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:12.0pt;">
  <td valign=bottom width=45% style="background:white;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=5 valign=bottom width=55% style="background:white;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">For Years Ended December 31,</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=45% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2012&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2013&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:white;border-top:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">2014&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td valign=bottom width=45% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=17% style="background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp million)</font></b></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp million)</font></b></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:white;border-bottom:solid black 1.0pt;height:12.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">(Rp million)</font></b></p>
  </td>
 </tr>
<tr style="height:14.55pt;">
  <td valign=bottom width=45% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Audit
  Fees</font></p>
  </td>
 <td valign=bottom width=17% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 26,619&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-top:10.0pt;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 28,601&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-top:10.0pt;page-break-after:avoid;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:#c6d9f1;height:14.55pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">34,</font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">459</font><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.7pt;">
  <td valign=bottom width=45% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">All
  other fees</font></p>
  </td>
 <td valign=bottom width=17% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 326&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;margin-top:10.0pt;page-break-after:avoid;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">340&nbsp;</font></p>
  </td>
 <td valign=bottom width=2% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=#4f81bd face=cambria style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=19% style="background:white;height:11.7pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;">370&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Audit
Committee Pre-Approval Policies and Procedures</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">:&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">i</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">) 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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> and (</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">ii</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">) the Audit 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></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">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</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> 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 face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM16D></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The
Indonesian Company Law does not require Indonesian public companies to form any
of the committees described in the NYSE listing standards. However, 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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>





<a name="_bclFooter111"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">106</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_112"></a><a name="_bclPageBorder112"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader112"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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
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>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM16E></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 16E. PURCHASES OF
EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:50.25pt;">
  <td width=10% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Share Buy Back Program</font></b></p>
  </td>
 <td width=20% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Accordance with</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Purchase Periode</font></b></p>
  </td>
 <td width=12% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Number of Shares Purchased</font></b></p>
  </td>
 <td width=12% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Average Price Paid per Share in Rp</font></b></p>
  </td>
 <td width=16% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Total Number of Shares Purchased as Part of Publicly
  Announced Plans</font></b></p>
  </td>
 <td width=15% style="background:white;border-bottom:solid black 1.0pt;border-top:solid black 1.0pt;height:50.25pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Maximum Number of Shares that May Yet Be Purchased Under
  the Plans</font></b></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">SBB I</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">EGMS December 21, 2005</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">December 21, 2005 </font><font face="Times New Roman" lang=IN style="font-size:9.0pt;">-
  </font><font face="Times New Roman" style="font-size:9.0pt;">June 20, 2007</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,056,452,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,731&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,056,452,500&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">SBB II</font></p>
  </td>
 <td valign=top width=20% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">AGMS June 29, 2007</font></p>
  </td>
 <td valign=top width=15% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">June 29, 2007 - December 28,
  2008</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,075,000,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,832&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,075,000,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td valign=top width=10% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">SBB III</font></p>
  </td>
 <td valign=top width=20% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">AGMS June 20, 2008</font></p>
  </td>
 <td valign=top width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">June 20, 2008 - December 20,
  2009</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 321,420,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,448&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 321,420,000&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:#c6d9f1;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td valign=top width=10% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">SBB IV</font></p>
  </td>
 <td valign=top width=20% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">AGMS May 19, 2011</font></p>
  </td>
 <td valign=top width=15% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">May 19, 2011 - November 20,
  2012</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,601,779,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 1,461&nbsp;</font></p>
  </td>
 <td valign=bottom width=16% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> 2,601,779,800&nbsp;</font></p>
  </td>
 <td valign=bottom width=15% style="background:white;border-bottom:solid black 1.0pt;height:20.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" style="font-size:9.0pt;"> -&nbsp;</font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As
of December 31, 2012, we had repurchased 5,054,652,300 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 591,882,500 shares in 2006, 631,820,000
shares in 2007, 1,229,170,000 shares in 2008, 1,415,427,300 shares in 2011 and
1,186,352,500 shares in 2012. In last program, SBB IV in 2011 and 2012, we
repurchased 2,601,779,800 common stock shares at an aggregate repurchase price
Rp3,803 billion.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On April 19, 2013 in
accordance with the Resolution of the AGMS and regard with clause 4 letter a
number (3) Bapepam-LK XI.B.2 we executed the transfer of 299,057,000 shares of
Series B from Share Buyback Phase III through Employee Stock Ownership Program.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On July 30, 2013, we
sold
1,056,452,500 shares which are part of Share Buyback Phase I by private
placement. The selling price was Rp2,280 per share, which is not lower than
Rp1,731 per share which is the average repurchase price of treasury stock</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">
Rp2,258 per share which is the average closing price for the last 90 (ninety)
days before the sale, and Rp2,280 per share, which is the closing price on the
day before the selling date.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">On June 13, 2014, we
sold
1,075</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">000,000 shares which are part of Share Buyback Phase II by
private placement. The selling price after stock split was Rp2,405 per share,
which is not lower than Rp1,832 per share which is the average repurchase price
of treasury stock</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> Rp2,330 per share which is the average closing price
for the last 90 (ninety) days before the sale, and Rp2,405 per share, which is
the closing price on the day before the selling date.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">As of December 31,
201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">4</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, our treasury stock balance is 2,624,142,800 common
stock shares, equivalent to 2.6% of our issued and outstanding common stock
which comprise of Share Buyback Phase III and IV with average repurchase price
after stock split were Rp1,454, excluding broker and custodian fees. See Note
23 to our Consolidated Financial Statement.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The above amount and
price per share of treasury stock are presented with the stock split ratio 1:5,
which effective on September 2, 2013.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:115%;">See Note 23
to our Consolidated Financial Statement.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman" lang=IN style="font-size:10.0pt;">&nbsp;</font></i></b></p>




<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a name=ITEM16F></a></p>
<a name="_bclFooter112"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">107</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_113"></a><a name="_bclPageBorder113"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader113"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of
Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 16F. CHANGE IN REGISTRANT&#8217;S
CERTIFYING ACCOUNTANT</font></b></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM16G></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 16G. CORPORATE
GOVERNANCE</font></b></p>








<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">a.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Overview of Indonesian Law</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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; the
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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 face="Times New Roman" lang=IN style="font-size:10.0pt;"> Furthermore, based on Decree of the Coordinating
Minister for Economic Affairs No.KEP-14/M.EKON/03/2008, dated March</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> 18,</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">
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 face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">b.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Composition of Independent
Board of Directors and Board of Commissioners</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">With regard to the Board of Commissioners, the
Indonesia Company Law requires a public company Board of 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 face="Times New Roman" lang=IN style="font-size:10.0pt;">,&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> Listing Regulation No.</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">I</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">A in
KEP.00001/BEI/01-2014 issued by the IDX </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">(&#8220;IDX Regulation I</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">-</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;">A&#8221;) </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>





<a name="_bclFooter113"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">108</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_114"></a><a name="_bclPageBorder114"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader114"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="arial unicode ms,sans-serif" lang=EN-US style="font-size:10.0pt;">&#8195;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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 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;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">c.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Committees&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">See Item 16D &#8220;Exemptions from the Listing Standards
for Audit Committees&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">d.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Disclosure Regarding
Corporate Governance</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;text-indent:-.25in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">e.</font></b><b><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Code of Business Conduct
and Ethics</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.25in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM16H></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
16H. MINE SAFETY DISCLOSURE</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Not applicable.</font></p>









<a name="_bclFooter114"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">109</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_115"></a><a name="_bclPageBorder115"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader115"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PART III</font></b></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a name=ITEM17></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 17. FINANCIAL STATEMENTS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">We have responded to Item 18 in lieu of this Item.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM18></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM
18. FINANCIAL STATEMENTS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">See pages F-1 through F-123.</font></p>








<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><a name=ITEM19></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ITEM 19. EXHIBITS</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The following
exhibits are filed as part of this Form 20-F: </font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">12.1</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Certification
  of the Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities
  Exchange Act of 1934</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and 15
  U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley
  Act of 2002</font><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">12.2</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Certification
  of the Chief Financial Officer pursuant to Rule 13a-14(a) of the Securities
  Exchange act of 1934</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> and 15
  U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley
  Act of 2002</font><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">.&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">13.1</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">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>
<tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">13.2</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">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>
<tr>
  <td valign=top width=7% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=93% style="padding:0in 2.35pt 0in 2.35pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>









<a name="_bclFooter115"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">110</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_116"></a><a name="_bclPageBorder116"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader116"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Exhibit
12.1</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><a name=Ex121></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">CERTIFICATION PURSUANT TO</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">15 U.S.C. SECTION 7241,</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">AS ADOPTED </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PURSUANT
TO</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SECTION
302</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> OF </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">THE SARBANES-OXLEY ACT OF 200</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2&nbsp;</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I, </font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">Alex J. Sinaga</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">, President Director (Chief Executive Officer) of Perusahaan Perseroan
(Persero) PT Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;), certify that:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I have reviewed this Annual Report
on Form 20-F of the Company;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">4.</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(a)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Designed such disclosure controls and procedures, or
caused such disclosure control</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and procedure</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(b)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(c)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(d)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(a)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(b)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Jakarta, April 1,
2015</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:15.75pt;">
  <td valign=bottom width=59% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:.5in;margin-right:8.95pt;margin-top:0in;text-align:right;text-indent:-.5in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">By:</font></p>
  </td>
 <td valign=bottom width=41% style="border-bottom:solid windowtext 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-AU style="font-size:9.0pt;line-height:normal;">/s/ Alex
  J. Sinaga</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=41% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Alex J. Sinaga</font></b></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">President
  Director / Chief Executive Officer</font></b></p>
  </td>
 </tr>
</table></div>





<a name="_bclFooter116"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">111</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_117"></a><a name="_bclPageBorder117"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader117"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Exhibit 12.2</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><a name=Ex122></a><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">CERTIFICATION PURSUANT TO</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">15 U.S.C. SECTION 7241,</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">AS ADOPTED </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PURSUANT
TO</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SECTION
302</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;"> OF </font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">THE SARBANES-OXLEY ACT OF 200</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2&nbsp;</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I, Heri Sunaryadi, Director
of Finance (Chief Financial Officer) of Perusahaan Perseroan (Persero) PT
Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;), certify that:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">I have reviewed this Annual Report
on Form 20-F of the Company;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">3.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">4.</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(a)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Designed such disclosure controls and procedures, or
caused such disclosure control</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> and procedure</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">s&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;"> 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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(b)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(c)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">(d)</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">5.</font><font face="times new roman" lang=EN-AU style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(a)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">(b)</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Jakarta, April 1,
2015</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100.0%;">
 <tr style="height:15.75pt;">
  <td valign=bottom width=59% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:.5in;margin-right:8.95pt;margin-top:0in;text-align:right;text-indent:-.5in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">By:</font></p>
  </td>
 <td valign=bottom width=41% style="border-bottom:solid windowtext 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">/</font><font face="Times New Roman" lang=EN-AU style="font-size:9.0pt;line-height:normal;">s/ Heri Sunaryadi</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:.5in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.5in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=41% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Heri
  Sunaryadi</font></b></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Director
  of Finance / Chief Financial Officer</font></b></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>





<a name="_bclFooter117"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">112</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
&nbsp; <A name="page_118"></A>

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

<a name="_bclHeader118"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#ToC20F"><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 748pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Exhibit 13.1</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="Ex131"></A><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>

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

   <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, 2014 as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), I, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">Alex J. Sinaga</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">, 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></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="5%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="5%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="90%" colSpan=2>

   <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></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="5%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="5%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">(2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="90%" colSpan=2>

   <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></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

   <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 </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: normal; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Jakarta, April 1, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">5&nbsp;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=4>

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

<TR style="HEIGHT: 15.75pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 15.75pt; PADDING-TOP: 0in" vAlign=bottom width="59%" colSpan=3>

   <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>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 15.75pt; PADDING-TOP: 0in" vAlign=bottom width="41%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-AU face="Times New Roman">/s/ Alex J. Sinaga</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%" colSpan=3>

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="41%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Alex J. Sinaga</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>

<TR height=0>

   <TD width="5%">&nbsp;</TD>

   <TD width="5%">&nbsp;</TD>

   <TD width="49%">&nbsp;</TD>

   <TD width="41%">&nbsp;</TD></TR></TABLE></DIV>

<a name="_bclFooter118"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">-</FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT></FONT><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">113</FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">-</FONT></FONT><FONT>&nbsp;</FONT></P></DIV></DIV>

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



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<a name="page_119"></a><a name="_bclPageBorder119"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader119"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:.7pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:748.000000pt;">
 <tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Exhibit
  13.2</font></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><a name=Ex132></a><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">CERTIFICATION PURSUANT TO</font></b></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">18
  U.S.C. SECTION 1350,</font></b></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">AS
  ADOPTED PURSUANT TO</font></b></p>
  <p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">SECTION
  906 OF THE SARBANES-OXLEY ACT OF 200</font></b><b><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2&nbsp;</font></b></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">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,
  2014 as filed with the Securities and Exchange Commission on the date hereof
  (the &#8220;Report&#8221;), I, </font><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">Heri
  Sunaryadi</font><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">, 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 face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2</font><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">,
  that, to my knowledge:</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=5% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">(1)</font></p>
  </td>
 <td colspan=2 valign=top width=90% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">The Report fully complies with the
  requirements of section 13(a) or 15(d) of the Securities Exchange Act of
  1934; and</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=5% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=5% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">(2)</font></p>
  </td>
 <td colspan=2 valign=top width=90% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">The information contained in the
  Report fairly presents, in all material respects, the financial condition and
  results of operations of the Company.</font></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">This certification
  accompanies this Report pursuant to Section 906 of the Sarbanes-Oxley Act of
  200</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">2 </font><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Jakarta, April 1,
  201</font><font face="Times New Roman" lang=IN style="font-size:10.0pt;line-height:normal;">5&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td colspan=4 valign=top width=100% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td colspan=3 valign=bottom width=59% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:.0001pt;margin-left:.5in;margin-right:8.95pt;margin-top:0in;text-align:right;text-indent:-.5in;"><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">By:</font></p>
  </td>
 <td valign=bottom width=41% style="border-bottom:solid windowtext 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">/s/
  Heri Sunaryadi</font></p>
  </td>
 </tr>
<tr>
  <td colspan=3 valign=top width=59% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-AU style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>
  </td>
 <td valign=top width=41% style="padding:0in 0in 0in 0in;">
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Heri Sunaryadi</font></b></p>
  <p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" style="font-size:10.0pt;line-height:normal;">Director of
  Finance / Chief Financial Officer</font></b></p>
  </td>
 </tr>
<tr height=0>
  <td width=5%>&nbsp;</td>
 <td width=5%>&nbsp;</td>
 <td width=49%>&nbsp;</td>
 <td width=41%>&nbsp;</td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:2.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>




<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a name=signature></a></p>
<a name="_bclFooter119"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">114</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_120"></a><a name="_bclPageBorder120"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader120"></a><DIV>





<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>





</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><a href="#ToC20F"><u><font color=blue face="Times New Roman" lang=EN-US style="font-size:8.0pt;">Table of
Content</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SIGNATURES</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">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="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PERUSAHAAN
PERSEROAN (PERSERO)</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PT TELEKOMUNIKASI
INDONESIA TBK</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Jakarta, April 1,
2015</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">By: &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; /s/
Alex J. Sinaga</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Alex J. Sinaga</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; President
Director / Chief Executive Officer</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>









<a name="_bclFooter120"></a><DIV>





<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font></font><font face="times new roman" style=""><font face="times new roman" lang=EN-US style="font-size:10.0pt;">115</font></font><font face="times new roman" style=""><font style="display:none;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;"></font></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;">-</font></font><font style="">&nbsp;</font></p>





</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
&nbsp; <A name="page_121"></A>

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

<a name="_bclHeader121"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 36pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" 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"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=IN face=arial,sans-serif>Perusahaan Perseroan (Persero)</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=IN face=arial,sans-serif>P</FONT></B><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face=arial,sans-serif>T&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 14pt" lang=IN face=arial,sans-serif> Telekomunikasi Indonesia Tbk a</FONT></B><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face=arial,sans-serif>nd subsidiaries</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 18pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>C</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>onsolidated financial statements with report of </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>independent registered public accounting firm as of</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>De</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>ember 31, 2013 (Restated)</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif> a</FONT><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>nd&nbsp;</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif> 2014 </FONT><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>and for the</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 36pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 20pt" 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"></FONT>&nbsp;</P>

<a name="_bclFooter121"></a><DIV>

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

</DIV></DIV>

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

&nbsp; <A name="page_122"></A>

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

<a name="_bclHeader122"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

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

<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
<IMG border=0 alt=logotelkomtelestra_01 src="x15040216512300.jpg" width=202 height=138>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#ToC20F"><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Statement of the Board of Directors</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0in; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>regarding the Board of Director&#8217;s Responsibility for</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0in; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Consolidated financial statements</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>as of December 31, 2014 and for the year then ended</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0in; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and its </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ubsidiaries&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>On behalf of the Board of Directors, we undersigned:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 8pt" lang=DE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 99.54%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 4.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>1.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>Name</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>Business address</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>Address </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>as indicated in ID</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Phone</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>Position</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Alex J</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Sinaga</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Jl. </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>Japati No. 1 Bandung 40133</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>: Jl. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Anggrek Nelimurni B-70 No.38 Kelurahan Kemanggisan</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 5.05pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Kecamatan Palmerah, Jakarta Barat</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>022</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif> 4527101</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>: President Director</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 12pt" lang=DE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 99.54%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 4.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Name</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>Business address</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Address as indicated in ID</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Phone</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 3pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>Position</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Heri Sunaryadi</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Jl. </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>Japati No. 1 Bandung 40133</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>: Jl. Graha Taman Blok HC8 No.5 Bintaro Jaya Sektor 9</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 5.05pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Kelurahan Pondok Pucung Kecamatan Pondok Aren, Tangerang</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> &nbsp;</FONT></P>

   <P style="MARGIN: 0in 0in 0pt 5.05pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Selatan</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>022</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>4527201/ </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>021</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>5209824&nbsp;</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>: Director of Finance</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>We hereby state as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 99.54%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 4.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>We are responsible for the preparation and presentation of the consolidated financial statement of Perusahaan Perseroan (Persero)</FONT><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> </FONT></B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) 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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company and its subsidiaries&#8217; consolidated financial statement have been prepared and presented in accordance with International </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>F</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>inancial Reporting </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>tandards;&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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>All information has been fully and correctly disclosed in the Company and its subsidiaries&#8217; consolidated financial statement;</FONT></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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company and its subsidiaries&#8217; consolidated financial statement do not contain false material information or facts, nor do they omit any material information or facts;</FONT></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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>We are responsible for the Company and its subsidiaries&#8217; internal control system.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 4pt 0pt 0.25in; BACKGROUND: white"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>This statement is considered to be true and correct.</FONT></P>

<P style="MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>Jakarta, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>April 1</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P>

<P style="MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 6.75pt; MARGIN-RIGHT: 6.75pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 34.3pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 34.3pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">/s/ Alex Janangkih Sinaga</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Alex J</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Sinaga</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><B><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>President Director</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 34.3pt; PADDING-TOP: 0in" vAlign=top width="69%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">/s/ Heri Sunaryadi</FONT><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> &nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Heri Sunaryadi</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; BACKGROUND: white"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Finance</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 4.95pt; BACKGROUND: white"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter122"></a><DIV>

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

</DIV></DIV>

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

&nbsp; <A name="page_123"></A>

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

<a name="_bclHeader123"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#ToC20F"><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED FINANCIAL STATEMENTS WITH REPORT OF</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>AS OF </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>DECEMBER 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(RESTATED) AND 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>AND FOR THE </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>YEARS ENDED DECEMBER 31, 2012, 2013 AND 2014</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="toc"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Table of Contents</FONT></B></P>

<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="30%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Page</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></SUP>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#EYreport"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Report of Independent Registered Public Accounting Firm</FONT></U></A></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" 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="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CSFP"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Consolidated Statements of Financial Position</FONT></U></A></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
   <A href="#CSFP"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>F-1</FONT></U></A></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CSCI"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Consolidated Statements of Comprehensive Income</FONT></U></A></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
   <A href="#CSCI"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>F-2</FONT></U></A></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CSCE"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Consolidated Statements of Changes in Equity</FONT></U></A></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
   <A href="#CSCE"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>F-3-F-5</FONT></U></A></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CSCF"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Consolidated Statements of Cash Flows</FONT></U></A></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
   <A href="#CSCF"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>F-6</FONT></U></A></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="70%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#notes"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>Notes to the Consolidated Financial Statements</FONT></U></A></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>
   <A href="#notes"><U><FONT style="FONT-SIZE: 10pt" color=blue face=arial,sans-serif>F-7-F-128</FONT></U></A></P></TD></TR></TABLE></DIV>

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

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

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

<a name="_bclFooter123"></a><DIV>

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

</DIV></DIV>

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

&nbsp; <A name="page_124"></A>

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

<a name="_bclHeader124"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 5.85pt 0pt 0in; BACKGROUND: white">
<IMG border=0 alt=http:::www.sec.gov:Archives:edgar:data:1001807:000100180714000010:ey.jpg src="x15040216512301.jpg" width=861 height=138></P>

<P style="MARGIN: 0in 0in 6pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><A name="EYreport"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Report of Independent Registered Public Accounting Firm</FONT></B></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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Report No. RPC-7120/PSS/2015</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Shareholders and the Boards of Commissioners and Directors of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</FONT></B></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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>We have audited the accompanying consolidated statements of financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and subsidiaries as of&nbsp; December 31, 2014 and 2013, and the related consolidated statements of comprehensive income, changes in equity and cash flows for each of the three years in the period ended December 31, 2014. 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 audits. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>We conducted our audits 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, on 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 audits provide a reasonable basis for our opinion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and subsidiaries as of December 31, 2014 and 2013, and the consolidated results of their operations and their cash flows for each of the three years in the period ended December 31, 2014, 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 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's internal control over financial reporting as of December 31, 2014, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated April 1, 2015 expressed an unqualified opinion thereon.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face=arial,sans-serif>/s/ Purwantono, Suherman &amp; Surja</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif><STRONG>Purwantono, Suherman &amp; Surja</STRONG></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif><STRONG>Jakarta, Indonesia</STRONG></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>April 1, 2015</FONT></P>

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

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

<a name="_bclFooter124"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Purwantono, Suherman &amp; Surja</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Registered Public Accountants KMK No. 381/KM.1/2010</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>A member firm of Ernst &amp; Young Global Limited</FONT></FONT></P></DIV>

<a name="_bclFooter124"></a><DIV>

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

</DIV></DIV>

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

&nbsp; <A name="page_125"></A>

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

<a name="_bclHeader125"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt">
<IMG border=0 alt=http:::www.sec.gov:Archives:edgar:data:1001807:000100180714000010:ey.jpg src="x15040216512302.jpg" width=861 height=138></P>

<P style="MARGIN: 0in 0in 6pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Report of Independent Registered Public Accounting Firm</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=ES face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=ES face=arial,sans-serif>Report No. RPC-7121/PSS/2015</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Shareholders and the Boards of Commissioners and Directors of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>We have audited Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and subsidiaries&#8217; internal control over financial reporting as of December 31, 2014, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). The Company and subsidiaries&#8217; 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&#8217;s internal control over financial reporting based on our audit.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. 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>

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

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

<a name="_bclFooter125"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Purwantono, Suherman &amp; Surja</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Registered Public Accountants KMK No. 381/KM.1/2010</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>A member firm of Ernst &amp; Young Global Limited</FONT></FONT></P></DIV>

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

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



<P></P></DIV>

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

&nbsp; <A name="page_126"></A>

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

<a name="_bclHeader126"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0pt 0pt 0in">
<IMG border=0 alt=ey_logo_detail src="x15040216512303.jpg" width=83 height=96></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 12pt" lang=ES face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 6pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Report of Independent Registered Public Accounting Firm (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=ES face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=ES face=arial,sans-serif>Report No. RPC-7121/PSS/2015 (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In our opinion, Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and subsidiaries maintained, in all material respects, effective internal control over financial reporting as of December 31, 2014, based on the COSO criteria.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated statements of financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and subsidiaries as of December 31, 2014 and 2013, and the related consolidated statements of comprehensive income, changes in equity and cash flows for each of the three years in the period ended December 31, 2014 and our report dated April 1, 2015 expressed an unqualified opinion thereon.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face=arial,sans-serif>/s/ Purwantono, Suherman &amp; Surja</FONT></P>

<P style="MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Purwantono, Suherman &amp; Surja</FONT></B></P>

<P style="MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Jakarta, Indonesia</FONT></B></P>

<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>April 1, 2015</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Purwantono, Suherman &amp; Surja</FONT></FONT></P>

<a name="_bclFooter126"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>Registered Public Accountants KMK No. 381/KM.1/2010</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT color=#7f7f7f><FONT style="FONT-SIZE: 7pt" lang=EN-US color=#7f7f7f face=Calibri,sans-serif>A member firm of Ernst &amp; Young Global Limited</FONT></FONT></P></DIV></DIV>

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



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

&nbsp; <A name="page_127"></A>

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

<a name="_bclHeader127"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSFP"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED STATEMENTS OF FINANCIAL POSITION </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2014&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(Figures in tables are presented in billions of rupiah and millions of U.S. dollar)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 5pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 6pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif> &nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated)</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="FONT-SIZE: 9pt" 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="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>US$ (Note 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>ASSETS</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>CURRENT ASSETS</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Cash and cash equivalents</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2e,2t,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,3</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>40&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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>14,696</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>17,672</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,427</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other current 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2e,2t,6,35,40</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,872</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,797</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>226</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Trade and other receivables</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2g,2t,7,35,40</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,018</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,380</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Inventories</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2h,8</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>474</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>38</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Advances and prepaid expenses</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2i,2m,9,35</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,937</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,733</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>382</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Prepaid income taxes</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,32</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>58</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Prepaid other taxes</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>477</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,153</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>93</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Assets held for sale</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2j,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>57</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total Current 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>33,672</FONT></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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>34,294</FONT></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="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,769</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NON-CURRENT ASSETS</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2f,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>304</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,767</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Property and equipment</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2l,2m,2z,12,35,38</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>86,599</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>94,602</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,638</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Prepaid pension benefit cost</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2r,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>949</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,170</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>94</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Intangible 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2d,2k,2z,14</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,508</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,463</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>199</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="FONT-SIZE: 9pt" 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="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Deferred tax 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c, 2g, 2i, 2m,</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>67</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Advances and other non-current 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2t,13,35,40</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,294</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,224</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>583</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>94,721</FONT></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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>107,321</FONT></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="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8,665</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TOTAL ASSETS</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>128,393</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>141,615</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>11,434</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>LIABILITIES AND EQUITY</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>CURRENT LIABILITIES</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Trade and other payables</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2n,2t,15,35,40</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12,585</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12,476</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,007</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Current income tax liabilities</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,32</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>942</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,501</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>121</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other tax liabilities</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>756</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Accrued expenses</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2t,16,35,40</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,264</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,211</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Unearned income</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2q,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,490</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,963</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Advances from customers and suppliers</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,35</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>472</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>583</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>47</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Short-term loans and current maturities of long-term borrowings</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2m,2o,2t,18,35,40</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,525</FONT></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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,709</FONT></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="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>622</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total Current Liabilities</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29,034</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>32,318</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,609</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR face=arial,sans-serif>NON-CURRENT LIABILITIES</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Deferred tax liabilities</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,32</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,908</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,703</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>218</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other liabilities</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2n,2q,2t,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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>472</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>394</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Long service award provisions</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2r,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>336</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>410</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Pension benefit and other post-employment benefit obligations</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2r,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,258</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,115</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>332</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Long-term loans and other borrowings</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2m,2o,2t,19,35,40</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>14,731</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15,743</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,272</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total Non-current Liabilities</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>22,705</FONT></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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>23,365</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,887</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TOTAL LIABILITIES</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>51,739</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>55,683</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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,496</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>EQUITY</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Capital stock</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1c,21</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,040</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,040</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>407</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Additional paid-in capital</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2u,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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,845</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,421</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>196</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Treasury stock</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2u,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(5,805</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,836)</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(310</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Retained earnings</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>58,475</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>63,798</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,151</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other reserves</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2f,2t,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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>198</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>223</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>59,753</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>67,646</FONT></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="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,462</FONT></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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Non-controlling Interests</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2b,20</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>16,901</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>18,286</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"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,476</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="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TOTAL EQUITY</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>76,654</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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>85,932</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="FONT-SIZE: 9pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,938</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TOTAL LIABILITIES AND EQUITY</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>128,393</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>141,615</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>11,434</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="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</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: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif>The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<a name="_bclFooter127"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 9pt"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-SIZE: 11pt">F-1</FONT></FONT></FONT></P></DIV>

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



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

&nbsp; <A name="page_128"></A>

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

<a name="_bclHeader128"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSCI"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For the Years Ended </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2012, 2013 and</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 2014 </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(Figures in tables are presented in billions of rupiah and millions of</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>U.S. dollar, unless otherwise stated)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0pt 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Notes</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>US$ (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>REVENUES</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,2</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,3</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>77,127</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>82,967</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>7,242</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Operations, maintenance and telecommunication service expenses</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,29,35</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(16,796</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(19,332</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(22,288</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,800</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Depreciation and 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2k,2l,2m,2z,12,13,14</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(14,474</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(15,805</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(17,178</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,387</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Personnel expenses</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,2r,28,35</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(9,960</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(9,829</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(9,776</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(789</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Interconnection expenses</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,31,35</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(4,667</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(4,927</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(4,893</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(395</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>General and administrative expenses</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,30,35</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,036</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(4,155</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,963</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(320</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Marketing expenses</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2q</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,094</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,044</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(3,092</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(250</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Loss on foreign exchange - net</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2p</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(189)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(249</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(14</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other income</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2b,2l,2q,3,11,12</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,559</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,581</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,076</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other expenses</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2q,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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,973</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(480</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(396</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(32</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>OPERATING PROFIT</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>25,497</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>27,727</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29,172</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,355</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Finance income</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2q,35</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>596</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>836</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,238</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>100</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Finance costs</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2c,2o,2q,35</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(2,055</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,504</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,814</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Share of loss of associated companies</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2f,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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(29</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(17</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>PROFIT BEFORE INCOME TAX</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>24,027</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>27,030</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28,579</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,308</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>INCOME TAX (EXPENSE) BENEFIT</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2s,3</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Current</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(6,628</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(6,995</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(7,616</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(615</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Deferred</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>742</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>95</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>27</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net Income Tax Expense</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(5,886</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(6,900</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(7,341)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(593</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>PROFIT FOR THE YEAR</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>18,141</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>20,130</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>21,238</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,715</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>OTHER COMPREHENSIVE INCOME (EXPENSES)</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other comprehensive income to be reclassified to profit or loss in subsequent periods:</FONT></I></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Foreign currency translation</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2f,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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>120</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net (loss) gain on available-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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2t,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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(4</FONT></P></TD>

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

   <P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other comprehensive income</FONT></I><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif> not </FONT></I><I><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>to be reclassified to profit or loss in subsequent periods:</FONT></I></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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&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; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Defined benefit plan actuarial gain (losses) net of tax</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2r,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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(2,566</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,999</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>785</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>63</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other Comprehensive Income (Expenses) - Net</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(2,540</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,115</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>810</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15,601</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>25,24</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>22,</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>048&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,780</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Profit for the year attributable to:</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Owners of the parent company</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12,621</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>14,046</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>14,437</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,166</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Non-controlling interests</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,084</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,801</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>549</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>18,141</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>20,130</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>21,238</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,715</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT face=arial,sans-serif>Net comprehensive income for the year </FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>attributable to:</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=IT 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IT 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IT 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IT 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IT 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IT 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Owners of the parent company</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10,056</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>19,018</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15,291</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,235</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Non-controlling interests</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2b,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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,227</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,757</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15,601</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>25,245</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>22,048</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,780</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BASIC AND DILUTED EARNINGS PER SHARE </FONT></B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(in full 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2w,2</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Profit per share</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>131.45</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>145.77</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>147.7</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.01</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Profit per ADS (200 Series B shares per ADS)</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>26,290.80</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29,153.58</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29,55</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.53&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2.39</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0pt 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif>The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<a name="_bclFooter128"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 11pt">F-2</FONT></P></DIV>

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



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

&nbsp; <A name="page_129"></A>

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

<a name="_bclHeader129"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSCE"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For the Years Ended </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2012, 2013 and</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 2014 </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(Figures in tables are presented in billions of rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="48%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Attributable to </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>owners of the parent c</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ompany&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="27%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Capital</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additional</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Treasury</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Retained</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Non-controlling</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></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="27%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Description</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Notes</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>earnings</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>equity</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>January 1</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>, 201</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>998&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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>44,844</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>58,159</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2b</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>12,621</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>12,621</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>18,141</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other comprehensive </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>expenses) </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>income&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2f,2r,2t</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(2,591</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(2,565</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(2,540</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> 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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>10,030</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>10,056</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15,601</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Transactions with owners recorded</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> directly </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>D</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>istributions 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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cash dividends</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>v</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,21&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(10,734</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Treasury stock acquired - at cost</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>u</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,23&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Total </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>d</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>istributions to owners </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>and acquisition of treasury stock</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Establishment of a subsidiary</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Acquisition of non-controlling interest</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> in subsidiaries</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> change in ownership interest</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> in subsidiaries</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> transactions with owners</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><U><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></U></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><U><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></U></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><U><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></U></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><U><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></U></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><U><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></U></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, December 31, 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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5,040</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,073</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>47,927</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>46,055</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>61,369</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><FONT face=Arial></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 11pt">F-3</FONT></P>

<a name="_bclFooter129"></a><DIV>

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

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



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

&nbsp; <A name="page_130"></A>

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

<a name="_bclHeader130"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (continued)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For the Years Ended </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2012, 2013 and</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 2014 </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(Figures in tables are presented in billions of rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 7pt" lang=EN-US color=black face=calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=calibri,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="49%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Attributable to </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>owners of the parent c</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ompany&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additional</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Treasury</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Retained</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Non-</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>c</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>ontrolling&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></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="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Description</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Notes</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>earnings</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>equity</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>January 1, 2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(8,067</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>47,927</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>82</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>46,055</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15,314</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>61,369</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="25%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>comprehensive income for the year</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2b</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>14,046</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>14,046</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6,084</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>20,130</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other comprehensive income</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2f,2r,2t</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4,856</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>11</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4,9</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>72&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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>143</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5,11</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>18,902</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>11</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>19,018</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6,227</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>25,245</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Transactions with owners recorded</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> directly</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> 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"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="25%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cash dividends</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>v</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,21&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(8,354</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(8,354</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(4,690</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(13,044</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sale of t</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>reasury stock </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>and transfer to employees stock ownership program</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>u</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>22,</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>23&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>772</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,262</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3,034</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3,034</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Acquisition of a business</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Issuance of new shares of </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>subsidiaries&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>45</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>45</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; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>transactions with owners</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,262</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(8,354</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(5,320</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(4,640</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9,960)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, December 31, 2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5,040</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,845</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(5,805</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>58,475</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>198</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>59,753</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>16,901</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>76,654</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; VERTICAL-ALIGN: baseline"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><FONT face=Arial></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 11pt">F-4</FONT></P>

<a name="_bclFooter130"></a><DIV>

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

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



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

&nbsp; <A name="page_131"></A>

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

<a name="_bclHeader131"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (continued)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For the Years Ended </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2012, 2013 and</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 2014&nbsp; </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="21%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="53%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Attributable to </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>owners of the parent c</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ompany&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Non-controlling</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Capital</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additional</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Treasury</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Retained</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Description</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Notes</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>paid-in capital</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>stock</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>earning</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>reserves</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>interests</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>equity</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>January 1</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>, 2014</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5,040</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>845&nbsp;</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5,805&nbsp;</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>58</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>475&nbsp;</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>198</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>59,753</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6,901&nbsp;</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>76,654</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>comprehensive income for the year</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2b</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Profit for the year</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>14,437</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>14,437</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6,801</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>21,238</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other comprehensive income</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>expenses)&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2f,2r,2t</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>829</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>25</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>854</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(44</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>810</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Net</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> comprehensive income for the year</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15,266</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>25</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15,291</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6,757</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>22,048</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=EN-AU color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Transactions with owners recorded </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>directly </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>in equity</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cash dividends</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>v</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,21&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9,943</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9,943</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(5,485</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(15,428</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sale of t</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>reasury stock</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>u</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>22,</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>23&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>576</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,969</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,545</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,545</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Issuance of new shares of subsidiaries</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>74</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>74</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" lang=EN-AU face=arial,sans-serif>Acquisition of business</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3a</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>39</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>transactions with owners</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>576</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,969</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9,943</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(7,398</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(5,372</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(12,770</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Balance, December 31, 2014</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5,040</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,421</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(3,836</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>63,798</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>223</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>67,646</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>18,286</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>85,932</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><FONT face=Arial></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 11pt">F-5</FONT></P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter131"></a><DIV>

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

</DIV></DIV>

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

&nbsp; <A name="page_132"></A>

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

<a name="_bclHeader132"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><A name="CSCF"></A><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>CONSOLIDATED STATEMENTS OF CASH FLOWS </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>For the Years Ended December 31, 2012, 2013 and 2014</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif>millions</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> of U.S. dollar)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Notes</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>Rp</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>US$ (Note </FONT></B><B><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)&nbsp;</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>CASH FLOWS FROM OPERATING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Cash receipts of revenues from:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Customers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>71,910</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>77,013</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>84,748</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6,843</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Other operators</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3,993</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>4,521</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>4,379</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>354</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Total cash receipts of revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>75,903</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>81,534</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>89,127</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>7,197</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Interest income received</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>585</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>832</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>1,236</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Cash payments for expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(33,651</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(27,440</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(33,124</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(2,675</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Cash payments to employees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(8,162</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(9,883</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(9,594</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(775</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Payments for corporate and final income taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(5,586</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(7,395</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(7,436</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(600</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Payments for interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,111</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,476</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,911</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(154</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Payments for value added taxes - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(514</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(42</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Advance received from (refund to) customers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(37</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>186</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Other cash receipts </FONT><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>(payments)&nbsp;</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif> - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>216</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(48</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(4</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)0<FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)<FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)<FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>))</FONT></FONT></FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Net cash provided by operating activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>27,941</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>36,574</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>37,736</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3,047</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>CASH FLOWS FROM INVESTING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Placements in</FONT><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>)&nbsp;</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif> proceeds from time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(4,008</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(2,288</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6,178</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>499</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Proceeds from sale of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>12</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>360</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>466</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>501</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>40</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Proceeds from insurance claims</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>12</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>1,875</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>212</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>17</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Proceeds from sale of available-for-sale financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>53</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>49</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>15</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>1</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Divestment of long-term investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>11</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>153</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Acquisitions of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>12</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(8,221</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(19,644</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(24,798</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(2,002</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>Placements in e</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>scrow </FONT><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>ccount&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(2,121</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(171</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Increase in advances for purchases of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(487</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(775</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,808</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(146</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>Acquisition of</FONT><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif> long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>11</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(49</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(20</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,487</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(120</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>))</FONT></P>

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Acquisition of intangible assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>14</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(437</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(637</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,328</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(107</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P>

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Acquisition of business, net of acquired cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3a</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(230</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(201</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(110</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(9</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P>

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Increase in advances and other assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(134</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(791</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(8</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P>

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Divestment of investment in subsidiary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3b</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>926</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Acquisition of non-controlling interests in subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(33</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Net cash used in investing activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(11,311</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(22,702</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(24,748</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,999</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>CASH FLOWS FROM FINANCING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Proceeds from loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>18,19</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>4,887</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3,538</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>10,454</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>844</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(Payments for acquisition) proceeds from sale of treasury stock</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>23</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(1,744</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>2,368</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>2,541</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>205</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Capital contribution of non-controlling interests in subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>120</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>50</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>74</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>21</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(7,127</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(8,354</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(9,943</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(803</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Repayments of loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>18,19</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(5,843</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(6,239</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(7,724</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(623</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(3,607</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(4,690</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(5,485</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(443</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>Net cash used in financing activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(13,314</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(13,327</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(10,083</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>(814</FONT></B></P></TD>

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

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>NET INCREASE IN CASH AND CASH EQUIVALENTS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>3,316</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>545</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>2,905</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>234</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>168</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>039&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>71</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>5</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>9,634</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>13,118</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>14,696</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>1,187</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>ENDING BALANCE OF DISPOSED SUBSIDIARY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>(6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8.5pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>5</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8.5pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>13,118</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>14,696</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>17,672</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif>1,427</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<a name="_bclFooter132"></a><DIV>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 11pt">F-6</FONT></P></DIV></DIV>

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



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

&nbsp; <A name="page_133"></A>

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

<a name="_bclHeader133"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><A name="notes"></A><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Establishment and general information</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&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 face=arial,sans-serif>Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) was originally part of </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8220;Post en Telegraafdienst&#8221;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. Decree No. 7 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>was published in State Gazette No. 52 dated April 3, 1884.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>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;).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>The Company was established based on notarial deed No. 128 dated September 24, 1991 of Imas Fatimah, S.H. Its deed of establishment was approved by the Ministry of Justice of the Republic of Indonesia in its Decision Letter No. C2-6870.HT.01.01.Th.1991 dated November 19, 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 latest amendment of which was about, among others, the change of capital structure through the Company&#8217;s 5-for-1 stock split whereby each share with par value of Rp250 would be split into Rp50 per share, and the Partnership and Community Development Programme (&#8220;PKBL&#8221;) was exc</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>luded&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> from the Work Plan and Company Budgets, based on notarial deed No. 11 dated May8, 2013 of Ashoya Ratam, S.H., MKn. The latest amendment was accepted and approved by the Ministry of Law and Human Rights of the Republic of Indonesia (&#8220;MoLHR&#8221;) in its Letter No. AHU-AH.01.10-22500 dated June 7, 2013 and was published in State Gazette No. 26 dated April 1, 2014, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Supplement No. 2990/L</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>In accordance with Article 3 of the Company&#8217;s Articles of Association, the scope of its activities</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>are&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> to provide telecommunication network and services and informatics, and to optimize the Company&#8217;s resources in accordance with prevailing regulations. To achieve this objective, the Company is involved in the following activities:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Main business:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Planning, building, providing, developing, operating, marketing or selling, leasing and maintaining telecommunications and information networks </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in a broad sense </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>in accordance with prevailing regulations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Planning, developing, providing, marketing or selling and improving telecommunications and information services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in a broad sense </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>in accordance with prevailing regulations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Supporting business:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Providing payment transactions and money transferring services through telecommunications and information networks.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>moving&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> assets, information systems, education and training, and repairs and maintenance facilities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>The Company&#8217;s head office is located at Jalan Japati No. 1, Bandung, West Java.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=IN 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 face=arial,sans-serif>The Company </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>was granted</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> several networks and/or telecommunications licenses by the Government which are valid for an unlimited period of time as long as the Company complies with telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>prevailing laws</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>and telecommunication regulations and fulfills the obligations stated in those licenses. For every license, evaluation is performed annually and an overall evaluation is performed every five years. The Company is obliged to submit reports of networks and/or services annually 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;).</FONT></P>

<a name="_bclFooter133"></a><DIV>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 11pt">F-7</FONT></P></DIV></DIV>

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



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

&nbsp; <A name="page_134"></A>

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

<a name="_bclHeader134"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.4pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Establishment and general information (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.4pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The reports comprise 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;), internet inter</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>onnection service, and internet access service, there </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>are&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> additional pieces of information required such as operational performance, customer segmentation, traffic, and gross revenue.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Details of these licenses are as follows:</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=FR face=arial,sans-serif>License</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=FR face=arial,sans-serif>License No.</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Type of services</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=FR face=arial,sans-serif>Grant date/latest </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>renewal date</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=FR 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate local fixed line and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>381/KEP/M.KOMINFO/10/2010</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Local fixed line and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>October 28, 2010</FONT></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="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate fixed domestic long distance and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>382/KEP/M.KOMINFO/10/2010</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Fixed domestic long distance and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>October 28, 2010</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"><B><FONT style="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate fixed international and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>383/KEP/M.KOMINFO/10/2010</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Fixed international and basic telephone services network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>October 28, 2010</FONT></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="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate fixed closed network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>398/KEP/M.KOMINFO/11/2010</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Fixed closed network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>November 12, 2010</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"><B><FONT style="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate internet telephone services for public purpose</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>384/KEP/DJPT/M.KOMINFO/11/2010</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>I</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TKP&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>November 29, 2010</FONT></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="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate as internet service provider</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>83/KEP/DJPPI/KOMINFO/4/2011</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Internet service provider</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>April 7, 2011</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"><B><FONT style="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate data communication system services</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>169/KEP/DJPPI/KOMINFO/6/2011</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Data communication system services</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>June 6, 2011</FONT></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="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate packet switched based local fixed line network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>331/KEP/M.KOMINFO/07/2011</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Packet switched based local fixed line network</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>July 27, 2011</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"><B><FONT style="FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>License to operate network access point</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="23%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>331/KEP/M.KOMINFO/09/2013</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Internet connection services</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>September 24, 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter134"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-8</P></FONT></DIV>

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



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

&nbsp; <A name="page_135"></A>

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

<a name="_bclHeader135"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp;&nbsp; Company&#8217;s Board of Commissioners, Board of Directors, Audit Committee, Corporate Secretary </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>1.&nbsp;&nbsp; Boards of Commissioners and Directors</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Based on resolutions made at the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Extraordinary General Meeting (&#8220;E</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif>GM</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif>of Stockholder of the Company as covered by notarial deed No. 35 dated December 19, 2014of Ashoya Ratam, S.H., MKn., </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Annual General Meeting (&#8220;AGM&#8221;) of Stockholders of the Company as covered by notarial deedNo. 11 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>dated May 8, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of Ashoya Ratam, S.H., MKn</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>., t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he composition of the Company&#8217;s Boards of Commissioners and Directors as of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014 and 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively, was as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>President Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Jusman Syafii Djamal</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Hendri Saparini</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Parikesit Suprapto</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Dolfie Oth</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>n</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>iel Fredric Palit</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Hadiyanto</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Hadiyanto</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Gatot Trihargo</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Imam Apriyanto Putro</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IT face=arial,sans-serif>Independent Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT face=arial,sans-serif>Virano Gazi Nasution</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Virano Gazi Nasution</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IT face=arial,sans-serif>Independent Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Parikesit Suprapto</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IT face=arial,sans-serif>Independent Commissioner</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT face=arial,sans-serif>Johnny Swandi Sjam</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Johnny Swandi Sjam</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>President Director</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Arief Yahya</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Alex Janangkih Sinaga</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Finance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Honesti Basyir</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Heri Sunaryadi</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Innovation and Strategic Portfolio</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indra Utoyo</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Indra Utoyo</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Enterprise and Business Service</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Muham</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>m</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ad Awaluddin</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Muham</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>m</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ad Awaluddin</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Wholesale and International Services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Ririek Adriansyah</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Honesti Basyir</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Human Capital Management</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Priyantono Rudito</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Herdy Rosadi Harman</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Network, Information Technology and Solution</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rizkan Chandra</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Abdus Somad Arief</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Director of Consumer Services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sukardi Silalahi</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Dian Rachmawan</FONT></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="FONT-SIZE: 10pt" lang=IN 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: 10pt" lang=IN 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 face=arial,sans-serif>2</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Audit Committee and Corporate Secretary</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The composition of the Company&#8217;s Audit Committee and the Corporate Secretary as of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 2014, were as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014*</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Chairman</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Johnny Swandi Sjam</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Johnny Swandi Sjam</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Secretary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Agus Yulianto</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Tjatur Purwadi</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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Member</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Parikesit Suprapto</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Parikesit Suprapto</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Member</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sahat Pardede</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Member</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Virano Gazi Nasution</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Virano Gazi Nasution</FONT></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="FONT-SIZE: 10pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Corporate Secretary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Honesti Basyir</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Honesti Basyir</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 67.5pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 67.5pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>*&nbsp;&nbsp;&nbsp;&nbsp; The changesin the members of Audit Committee are based on Board of Commissioners&#8217; Regulation No.05/KEP/DK/2014 dated March 25, 2014.</FONT></P>

<a name="_bclFooter135"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 11pt">F-9</FONT></P></DIV>

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



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

&nbsp; <A name="page_136"></A>

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

<a name="_bclHeader136"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Public offering of securities of the Company</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=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 the Government</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On November 14, 1995, 933,333,000 new Series B shares and 233,334,000 Series B shares owned by the Government were offered to the public through an IPO and listed on the Indonesia Stock Exchange (&#8220;IDX&#8221;) and 700,000,000 Series 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 Series B shares at that time.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In December 1996, the Government had a block sale of its 388,000,000 Series B shares, and in 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 Government further sold 898,000,000 Series B shares.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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 bonus shares through the capitalization of certain additional paid-in capital, which were made 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 has no effect on the public offering of shares of the Company. The Company has complied with Law No. 40/2007. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In December 2001, the Government had another block sale of its 1,200,000,000 shares or 11.9% of the total outstanding Series B shares. In July 2002, the Government further sold a block of 312,000,000 shares or 3.1% of the total outstanding Series B shares.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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 share. The Series A Dwiwarna share with par value of Rp500 per share 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 an increase of the Company&#8217;s authorized capital stock from 1 Series A Dwiwarna share and 39,999,999,999 Series B shares to 1 Series A Dwiwarna share and 79,999,999,999 Series B shares, and the 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>

<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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>During the EGM held on December 21, 2005 and the AGMs held on June 29, 2007, June 20, 2008 and May 19, 2011, the Company&#8217;s stockholders approved phases I, II, III and IV, respectively, of the Company&#8217;s program to repurchase its issued Series B shares (Note 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<a name="_bclFooter136"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-10</P></FONT></DIV>

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



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

&nbsp; <A name="page_137"></A>

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

<a name="_bclHeader137"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Public offering of securities of the Company</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.3pt; MARGIN: 0in 0in 0pt 35.55pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>During the period December 21, 2005 to June 20, 2007, the Company had bought back 211,290,500 shares from the public (stock repurchase program phase I).</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> O</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>n July 30, 2013, the Company resold all such shares </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(Note 23).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.35pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>At</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the AGM held on April 19, 2013 as covered by notarial deedNo. 38 of Ashoya Ratam, S.H., MKn.,the stockholders approved the changes to the Company&#8217;s plan on the treasury stock acquired under</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> phase III (Note 23)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.35pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>At the AGM held on April 19, 2013, the minutes of which are covered by notarial deed No.38 of Ashoya Ratam, S.H</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, MKn</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>., </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the stockholders approved the Company&#8217;s 5-for-1stock split for Series A Dwiwarna and Series B shares. Series A Dwiwarna share with par value of Rp250 per share was split into 1 Series A Dwiwarna share with par value of Rp50 per share and 4 Series B shares with par value Rp50 per share. The stock split resulted in an increase of the Company&#8217;s authorized capital stock from 1 Series A Dwiwarna and 79,999,999,999 Series B shares to 1 Series A Dwiwarna and 399,999,999,999 Series B shares, and the issued capital stock from 1 Series A Dwiwarna and 20,159,999,279 Series B shares to 1 Series A Dwiwarna and 100,799,996,399 Series B shares. After the stock split, each ADS represented 200 Series B shares</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (Note 21).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>On May 16 and June 5, 2014, the Company deregistered from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Tokyo Stock Exchange (&#8220;TSE&#8221;)&nbsp; and delisted from the LSE</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, all of the Company&#8217;s Series B shares are listed on the IDX and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>47,364,601&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ADS shares are listed on the NYSE (Note 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company&#8217;s outstanding bonds representing the second rupiah bonds issued on June 25, 2010 with a nominal amount of Rp1,005 billion for Series A for a five-year period and Rp1,995 billion for Series B for a ten-year period are listed on the IDX (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>As of December 31, 2013 and 2014, the Company has consolidated the following directly or indirectly owned subsidiaries:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>(i)&nbsp;&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>Direct subsidiaries:</FONT></U></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.48%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 45pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total assets before elimination</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Subsidiary/place of incorporation</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Nature of business</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Start of commercial operations</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Telekomunikasi Selular (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Telkomsel&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telecommunication - provides telecommunication facilities and mobile cellular services using</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> </FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Global Systems </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>for&nbsp;</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> </FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Mobile Communication</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> </FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(&#8220;GSM&#8221;) technology</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1995</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>65</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>65</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>73,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>245&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><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>78,0</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>80&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter137"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-11</P></FONT></DIV>

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



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

&nbsp; <A name="page_138"></A>

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

<a name="_bclHeader138"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>1.&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 13.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>d.&nbsp; Subsidiaries</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(i) </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Direct subsidiaries</FONT></U></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>:(continued)&nbsp;</FONT></U></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.48%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 45pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=DE color=black 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total assets before elimination</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE color=black face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Subsidiary/place of incorporation</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><FONT style="FONT-SIZE: 7pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>S</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>tart of commercial operations</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>20</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Dayamitra Telekomunikasi (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Dayamitra&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1995</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7,363</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8,836</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Multimedia Nusantara (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Metra&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Multimedia and </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>network&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> telecommunication services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1998</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>83&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6,2</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>36&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Telekomunikasi</FONT><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif> Indonesia International (</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>&#8220;TII&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1995</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,804</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,549</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>PT </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>PINS Indonesia </FONT><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>(</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>&#8220;</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>PINS</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>);&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> previously PT Pramindo Ikat Nusantara</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>Telecommunication construction and 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="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>1995</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IT face=arial,sans-serif>1,365</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>30&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Graha Sarana Duta (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;GSD&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Leasing of offices and providing building management and maintenance services, civil consultant and developer</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1982</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,57</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1&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: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,30</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Telkom Akses (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Telkom Akses&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Construction, service and trade in the field of 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="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>946</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,089</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Patra Telekomunikasi Indonesia (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Patrakom</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>*&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-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telecommunication</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> provides </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>satellite&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> communication system</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> services and facilities</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1996</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>25</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&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: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>34</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Infrastruktur Telekomunikasi</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> Indonesia </FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(&#8220;Telkom Infratel&#8221;)</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,&nbsp;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Construction, service and trade in the field of 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="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>331</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Napsindo Primatel Internasional (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Napsindo&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telecommunication - provides Network Access Point (NAP), Voice Over Data (VOD) and other related services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1999; ceased operations on January 13, 2006</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=DE color=black 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: 7pt" lang=DE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -6pt; MARGIN: 0in 0in 0pt 44.7pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>* On September 25 and November 29, 2013, the Company acquired additional interest of 40% and 20%, respectively, of Patrakom (Note3a).</FONT></P>

<a name="_bclFooter138"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-12</P></FONT></DIV>

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



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

&nbsp; <A name="page_139"></A>

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

<a name="_bclHeader139"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.4pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -44.1pt; MARGIN: 0in 0in 10pt 81pt"><B><I><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(ii)</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Ind</FONT></U></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>irect subsidiaries</FONT></U></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>:&nbsp;</FONT></U></I></B></P>

<DIV align=left>

<TABLE style="WIDTH: 95.04%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 49.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total assets before elimination</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Subsidiary/place of incorporation</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Nature of business</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Start of commercial operations</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Sigma Cipta Caraka (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Sigma&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Tangerang, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Information technology service - system implementation and integration service, outsourcing and software license maintenance</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1988</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,8</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>86&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><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,5</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>16&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Infomedia Nusantara (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8220;Infomedia&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Data and information service - provides telecommunication information services and other information services in the form of print and electronic media and call center 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><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1984</FONT></P></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: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>18&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,354</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Indonesia International Pte. Ltd., Singapore</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2008</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>785</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,058</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Indonesia International S.A. (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TL&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>) Timor Leste</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2012</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>803</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>832</FONT></P></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: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Telkom Landmark Tower (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TLT</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Service for property development and management</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2012</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>493</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>828</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Metra Digital Media (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>MD M</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>edia</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Directory information 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><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>692</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>723</FONT></P></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: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Indonesia International Inc. (</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>&#8220;Telkom </FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>USA</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), USA</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telecommunication 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><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2014</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>100</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Indonesia International Ltd., Hong Kong</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2010</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>90</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>242</FONT></P></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: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Finnet Indonesia (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Finnet</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta</FONT><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>, </FONT></I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Indonesia&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-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Information technology services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2006</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>203</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>208</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Indonesia Internasional Pty. Ltd. </FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(&#8220;Telkom Australia&#8221;)</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,&nbsp;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> Australia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telecommunication and IT-based 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><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>190</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Administrasi Medika(&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Ad Medika</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></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: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" 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=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Health insurance 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><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2002</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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: 7pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>127</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>136</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter139"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-13</P></FONT></DIV>

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



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

&nbsp; <A name="page_140"></A>

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

<a name="_bclHeader140"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></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; TEXT-INDENT: -16.4pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries (continued)</FONT></B></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; TEXT-INDENT: -45pt; MARGIN: 0in 0in 10pt 81pt"><B><I><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(ii)</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Ind</FONT></U></I></B><B><I><U><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>irect subsidiaries:(continued)</FONT></U></I></B></P>

<DIV align=left>

<TABLE style="WIDTH: 95.04%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 49.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Percentage of ownership interest</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total assets before elimination</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Subsidiary/place of incorporation</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Nature of business</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Start of commercial operations</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Metra Plasa (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Metra Plasa</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Network </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> e-commerce</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2012</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>60</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>86</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>88</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Graha Yasa Selaras (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GYS</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;),&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Tourism service</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>51</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>51</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>32</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>88</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Metra-Ne t(&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Metra-Net</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Multimedia portal service</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2009</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>40</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>42</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Pojok Celebes Mandiri (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>PCM</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Tour agent/bureau services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2008</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>51</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>51</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>14</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Satelit Multimedia Indonesia (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>SMI</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;),&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Satellite </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>ervice&nbsp;</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Metra Digital</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Investama</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>MDI</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;);&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> previously PT Metra Media</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>, Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trading and/or providing service related to information and technology, multimedia, entertainment and investments</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.83</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>99.99</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telekomunikasi Selular Finance Limited (&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TSFL</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;), Mauritius</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>*&nbsp;</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2002</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>65</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Metra TV</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(&#8220;</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Metra TV</FONT></B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>&#8221;), Jakarta, Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Subscription - broadcasting</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.83</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>99.83</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>PT Nusantara Sukses Sarana (</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>&#8221;NSS&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Jakarta,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> Indonesia</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Building and hotel service </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>management</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>, and other services</FONT></P></TD>

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

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>PT Nusantara Sukses Realti (</FONT><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>&#8221;NSR&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Jakarta</FONT><I><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>,</FONT></I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Indonesia&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Service </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>trading&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>99.99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PT Nusantara Sukses Investasi (</FONT><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>&#8221;NSI&#8221;</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>), Jakarta,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Service and trading</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>99.99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>115</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -7pt; MARGIN: 0in 0in 0pt 58.8pt"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face=arial,sans-serif>*</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Based on General Notice of Direction of Insolvency Service of Mauritus No.844 of 2014, TSFL wasliquidated effective from March 20, 2014.</FONT></P>

<a name="_bclFooter140"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-14</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_141"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader141"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</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; TEXT-INDENT: -16.4pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></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 face=arial,sans-serif>(a)&nbsp; Metra</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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;), and obtained 99.83% ownership. MM is engaged in trading and /or providing services related to information and technology, multimedia, entertainment and investments.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>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, and obtained 99</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>83% ownership. Metra TV is engaged in providing subscription-broadcasting services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>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, MD Media, and obtained </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>99.99</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>% ownership. MDMedia is engaged in providing directory information services. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>On March 25, 2013, based on notarial deed No. 38 dated March 25, 2013 of N.M. Dipo Nusantara Pua Upa, S.H., MKn., which was approved by the MoLHR in its Letter No. AHU-20566.AH.01.01/2013 dated April 17, 2013, Metra established PT Satelit Multimedia Indonesia and obtained 99.99% ownership. SMI is engaged in providing satellite services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>On August 16, 2013, based on notarial deed No. 5 dated August 16, 2013 of N.M. Dipo Nusantara Pua Upa, S.H., MKn.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> which was approved by the MoLHR in its Letter No. AHU-0081886.AH.01.09/2013 dated August 30, 2013, Metra changed the ownership of PT Pojok Celebes Mandiri after the signing of Sales and Purchase of Share Agreement dated June 12, 2013 regarding the purchase of PCM&#8217;s shares of 2,550 shares equivalent to Rp255 million or 51% ownership.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On June 5, 2014, based on the Circular Resolution of the Stockholders&nbsp; as covered by notarial deed No. 18 of N.M. Dipo Nusantara Pua Upa, S.H., M.Kn., which was approved by the MoLHR through its Letter No. AHU-03769.40.20.2014 dated June 10, 2014, PT Metra Media&#8217;s stockholders approved </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>change of name </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>from</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT Metra Media to PT Metra Digital Investama.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(b)&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>TII&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On January 9, 2013, b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ased on the Circular Resolution of the Stockholders of TII, 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. Telkom Australia is engaged in providing telecommunication and IT-based services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>On May 13, 2013, TII through Telekomunikasi Indonesia International (Hong Kong) Ltd. established a subsidiary in Macau under the name Telkom Macau Ltd, (&#8220;Telkom Macau&#8221;).Telkom Macau is engaged in providing telecommunication services.</FONT></P>

<a name="_bclFooter141"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-15</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_142"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader142"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.2pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(b)&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>TII&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>On June 3, 2013, TII through Telekomunikasi Indonesia International (Hong Kong) Ltd. established a subsidiary inTaiwan under the name Telkom Taiwan Ltd, (&#8220;Telkom Taiwan&#8221;). Telkom Taiwan is engaged in providing telecommunication services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>On </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 2013, TII established a subsidiary in the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>United States</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of America, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Telekomunikasi Indonesia International (USA), Inc. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Ltd. Telkom </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>USAis&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> engaged in providing telecommunication services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>On September 25, 2014, TII through Telkom Australia acquired 75% </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ownership&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of Contact Centres Australia Pty. Ltd</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> (&#8220;CCA&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(Note 3a)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(c)&nbsp; Sigma</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On January 17, 2013, Sigma signed a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ale and P</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>urchase of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>hares and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Transfer </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>D</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ebt A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ssignment Agreement with Landeskreditbank Baden-Wu</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ttemberg-Forderbank (&#8220;L-Bank&#8221;), and Step Stuttgarter Engineering Park Gmbh. (&#8220;STEP&#8221;) as stockholders of PT German Center Indonesia (&#8220;GCI&#8221;). Based on the 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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>an</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>acquisition price </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ofUS$17.8 million (equivalent to Rp170 billion). The transaction was closed on April 30, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(Note 3a)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sigma has </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>amended&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> its </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Articles of Association</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> several times, the latest </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>amendment of which</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> was notarized </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> deed No. 02 dated December 4, 2014 of Utiek Rochmuljati Abdurachman, SH., MLI., Mkn., regarding the changes </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the authorized capital</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> stock</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the issued and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>fully </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>paid capital</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> stock</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The latest amendment of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the Articles of Association w</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> approved by </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>MoLHR through its Letter No. AHU-12707.40.20.2014 dated December 11, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(d)&nbsp; Infomedia</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Based on notarial deed No. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>04&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> dated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>March7</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sjaaf De Carya Siregar, S.H.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Infomedia</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8217;s stockholders agreed to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> distribute dividend</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> which was returned as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>an </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>increment of issued and fully paid capital </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>stock </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>amounting to Rp44 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Based on notarial deed No. 18 dated July 24, 2013 of Zulkifli Harahap, S.H., Infomedia&#8217;s stockholders approved the increase in its paid-up capital by 88,529,790 shares, amounting to Rp44 billion, which was taken up by the stockholders proportionally.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>On November 20, 2013, Infomedia entered into an agreement on the business transfer of its Telephone Directory Management business to MD</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Media</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(e)&nbsp; Dayamitra</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 53.9pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On April 5, 2013, based on notarial deed No.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>02 dated April 5, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of Andi Fatma Hasiah, S.H.,M.Kn.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, Dayamitra</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8217;s stockholders agreed to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> distribute dividend</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> which was returned as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>an </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>increment of issued and fully paid capital </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>stock </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>amounting to Rp31 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter142"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-16</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_143"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader143"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1.&nbsp;&nbsp; GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -35.8pt; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>d.&nbsp;&nbsp; Subsidiaries (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -35.8pt; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(e)&nbsp; Dayamitra (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.9pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On October 9, 2014, the Company signed a Conditional Shares Exchange Agreement wit</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>h </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT Tower Bersama Infrastructure Tbk. (&#8220;TBI&#8221;) to exchange its 49% ownership in Dayamitra for 5.7% ownership in TBI. In addition, there is an option to exchange the Company&#8217;s remaining 51% ownership in Dayamitra within 2 years that will increase the Company&#8217;s ownership up to 13.7% in TBI. The completion of the agreement is subject to various approvals, including that of the stockholders of Dayamitra and TBI.As of the date of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>approval and authorization for the issuance of the consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, the transaction is still in pro</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>gress</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</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; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(f)&nbsp; Telkom Infratel</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 53.9pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On January 16, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the Company established a wholly owned subsidiary under the name PT Telkom Infrastruktur Telekomunikasi Indonesiawhich was approved by the MoLHR through its Decision Letter No. AHU-03196.AH.01.01.2014 dated January 23, 2014. Telkom Infratel is engaged in providing construction, service and trad</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ein the field of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>telecommunication.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.65pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(g)&nbsp; GSD</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On August 27, 2014, based on notarial deed No. 21 dated August 27, 2014 of Zulkifli Harahap, S.H., which was approved by the MoLHR in its Letter No. AHU-22722.40.10.2014 dated September 1, 2014, GSD established a subsidiary, PT Nusantara Sukses Sarana, with 99.99% ownership. NSS is engaged in building and hotel services management and other services. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>As of the date of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>approval and authorization for the issuance of the consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> NSS has not commenced operational activities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On August 27, 2014, based on notarial deed No. 22 dated August 27, 2014 of Zulkifli Harahap, S.H., which was approved by the MoLHR in its Letter No. AHU-22723.40.10.2014 dated September 1, 2014, GSD established a subsidiary, PT Nusantara Sukses Realti, with 99.99% ownership. NSR is engaged in service and trading. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>As of the date of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>approval and authorization for the issuance of the consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> NSR has not commenced operational activities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On August 27, 2014, based on notarial deed No. 23 dated August 27, 2014 of Zulkifli Harahap, S.H., which was approved by the MoLHR in its Letter No. AHU-22724.40.10.2014 dated September 1, 2014, GSD established a subsidiary, PT Nusantara Sukses Investasi, with 99.99% ownership. NSI is engaged in service and trading.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>e.&nbsp;&nbsp; Authorization for the issuance of the consolidated financial statements</FONT></B></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>The consolidated financial statements were approved for issuanceby the Board of Directors on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>April 1, 2015</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The consolidated financial statements of the Company and subsidiaries (collectively referred to as &#8220;the Group&#8221;) have been prepared in accordance with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>International Financial Reporting Standards (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>IFRS</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>&#8221;)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif> as issued by the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>International Accounting Standards Board (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>IASB</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter143"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-17</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_144"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader144"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 37.1pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp;&nbsp; Basis of preparation of the financial statements</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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=black face=arial,sans-serif>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=arial,sans-serif> for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif> certain accounts which are measured using the basis mentioned in the relevant notes herein.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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=black face=arial,sans-serif>The consolidated statements of cash flows are prepared using the direct method and present the changes in cash and cash equivalents classified into operating, investing and financing activities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>b.&nbsp;&nbsp; Principles of consolidation</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The consolidated financial statements consist of the financial statements of the Company and the subsidiaries over which it has control. Control is achieved when the Group is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Specifically, the Group controls an investee if and only if the Group has the power over the investee, exposure or rights, to variable returns from its involvement with the investee, and the ability to use its power over the investee to affect its returns.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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 face=arial,sans-serif>The Group re-assesses whether it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control. Consolidation of a subsidiary begins when the Group obtains control over the subsidiary and ceases when the Group loses control over the subsidiary. Assets, liabilities, income and expenses, of a subsidiary acquired or disposed of during the year are included in the consolidated statements of comprehensive income from the date the Group gain control until the date the Group ceases to control the subsidiary.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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 face=arial,sans-serif>Profit or loss and each component of other comprehensive income (&#8220;OCI&#8221;) are attributed to the equity holders of the Company and to the non-controlling interests, even if this results in the non-controlling interests having a deficit balance.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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 face=arial,sans-serif>Intercompany balances and transactions have been eliminated in the consolidated financial statements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 13.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In case of loss of control over a subsidiary, the Group:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>derecognizes the assets (including goodwill) and liabilities of the subsidiary at the carrying amounts on the date when it loses control;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>derecognizes the carrying amounts of any non-controlling interests of its former subsidiary on the date when it loses control;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>recognizes the fair value of the consideration received (if any) from the transaction, events, or condition that caused the loss of control;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>recognizes the fair value of any investment retained in the subsidiary at fair value on the date of loss of control;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>recognizes any surplus or deficit in profit or loss that is attributable to the Group.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.05pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>c.&nbsp;&nbsp; Transactions with related parties</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group has transactions with related parties. The definition of related parties used is in accordance with IAS 24, </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Related Party Disclosures</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>. 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter144"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-18</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_145"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader145"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></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 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.8pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 Group. 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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.8pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.8pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>d.&nbsp;&nbsp; Business combinations</FONT></B></P>

<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=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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. For each business combination, non-controlling interest is measured at fair value or at the proportionate share of the acquiree&#8217;s identifiable net assets. The choice of measurement basis is made on a transaction-by-transaction basis. 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>

<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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Group re-assesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognized at the acquisition date. If the re-assessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognized in profit or loss.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>In a business combination achieved in stages, the acquirer remeasures its previously held equity interest in theacquiree at its acquisition-date fair value and recognizes the resulting gain or loss, if any, in profit or loss.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>e.&nbsp;&nbsp; Cash and cash equivalents</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=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=black face=arial,sans-serif>Cash and cash equivalents comprises cash on hand and in banks and all unrestricted time deposits with original maturities of three months or less at the time of placement. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>Time deposits with maturities of more than three months but not more than one year are presented as part of &#8220;Other Current Financial Assets&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> in the consolidated statement</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> of financial position.</FONT></P>

<a name="_bclFooter145"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-19</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_146"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader146"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>f.&nbsp;&nbsp;&nbsp; Investments in associated companies</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>An associate is an entity over which the Group (as investor) has significant influence. Significant influence is the power to participate in the financial and operating policy decisions of the investee, but does not include control or joint control over those operating policies. The considerations made in determining significant influence are similar to those necessary to determine control over subsidiaries. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group&#8217;s investments in its associates are accounted for using the equity method. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Under the equity method, the investment in an associate is initially recognized at cost. The carrying amount of the investment is adjusted to recognize changes in the investor&#8217;s share of the net assets of the associate since the acquisition date. On acquisition of the investment, any difference between the cost of the investment and the entity's share of the net fair value of the investee's identifiable assets and liabilities is accounted for 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=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Goodwill relating to an associate or a joint venture is included in the carrying amount of the investment and is neither amortized nor individually tested for impairment. </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=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Any excess of the entity's share of the net fair value of the investee's identifiable assets and liabilities over the cost of the investment is included as income in the determination of the entity's share of the associate or joint venture's profit or loss in the period in which the investment is acquired.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The consolidated statements of comprehensive income reflect the Group&#8217;s share of the results of operations of the associate. Any change in the other comprehensive income of the associate is presented as part of other comprehensive income. In addition, when there has been a change recognized directly in the equity of the associate, the Group recognizes it share of the change in the consolidated statements of changes in equity. Unrealized gain and losses resulting from transactions between the Group and the associate are eliminated to the extent of the interest in the associate.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group determines at each reporting date whether there is any objective evidence that the investments in associated companies are impaired. If there is, the Group calculates and recognizes the amount of impairment as the difference between the recoverable amount of the investments in the associated companies and their carrying value. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>These assets are included in &#8220;Long-term Investments&#8221; in the consolidated statements of financial position.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The functional currency of PT Pasifik Satelit Nusantara (&#8220;PSN&#8221;) and PT Citra Sari Makmur (&#8220;CSM&#8221;) is the United States dollar (&#8220;U.S. dollars&#8221;), and Telin Malaysia is the Malaysian ringgit (&#8220;MYR&#8221;). For the purpose of reporting these investments using the equity method, the assets and liabilities of these companies as of the statement of financial position date are translated into Indonesian rupiah using the rate of exchange prevailing at that date, while revenues and expenses are translated into Indonesian rupiah at the average rates of exchange for the year. The resulting translation adjustments are reported as part of &#8220;Other Reserves&#8221; in the equity section of the consolidated statements of financial position.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter146"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-20</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_147"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader147"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>g.&nbsp;&nbsp; Trade and other receivables</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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=black face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face=arial,sans-serif>h.&nbsp;&nbsp; Inventories</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 66pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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 face=arial,sans-serif>Inventories consist of components, which are subsequently expensed upon use. Components represent telephone terminals, cables 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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>es</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, wireless broadband modems and blank prepaid vouchers, which are expensed upon sale. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The costs of inventories consist of the purchase price, import duties, other taxes, transport, handling, and other costs directly attributable to their acquisition. Inventories are recognized 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN 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 face=arial,sans-serif>Cost is determined using the weighted average method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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 face=arial,sans-serif>The amounts of any write-down of inventories to net realizable value and all losses of inventories are recognized as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of inventories, arising from an increase in net realizable value, is recognized as a reduction in the amount of general and administrative expenses in the year in which the reversal occurs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 6pt" 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="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Provision for obsolescence is primarily based on the estimated forecast of future usage of these inventory items.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>i.&nbsp;&nbsp;&nbsp; Prepaid expenses</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Prepaid expenses are amortized over their future beneficial periods using the straight-line method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN color=black 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=black face=arial,sans-serif>j.&nbsp;&nbsp;&nbsp; Assets held for sale</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face=arial,sans-serif>Assets (or disposal groups) are classified as held for sale when their carrying amount is to be recovered principally through a sale transaction rather than through continuing use and a sale is considered highly probable. They are stated at the lower of carrying amount and fair value less costs to sell.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=IN color=black 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=black face=arial,sans-serif>Assets that meet the criteria to be classified as held for sale are reclassified from property and equipment and depreciation on such assets </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>cease</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>d</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=IN color=black 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=black face=arial,sans-serif>k.&nbsp;&nbsp; Intangible assets</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=IN color=black 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=black face=arial,sans-serif>Intangible assets mainly consist of software and license. Intangible assets are recognized if it is probable that the expected future economic benefits that are attributable to each asset will flow to the Group, and the cost of the asset can be reliably measured.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face=arial,sans-serif>Intangible assets are stated at cost less accumulated amortization and impairment, if any. Intangible assets are amortized over their useful lives. The Group estimates the recoverable value of its intangible assets. When the carrying amount of an asset exceeds its estimated recoverable amount, the asset is written down to its estimated recoverable amount. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter147"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-21</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_148"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader148"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.4pt; MARGIN: 0in 0in 0pt 21.3pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>k.&nbsp;&nbsp; Intangible assets (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN color=black 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=black face=arial,sans-serif>Intangible assets are 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 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="89%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 2.65pt 0pt 0in" align=center><B><U><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Years</FONT></U></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="89%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Software</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>3-</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>6&nbsp;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="89%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>License</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>3-20</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="89%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Other intangible assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>0&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>l.&nbsp;&nbsp;&nbsp; Property and equipment </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>Property and equipment are stated at cost less accumulated depreciation and impairment losses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>The cost of an item of property and equipment 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 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>Property and equipment are depreciated or 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 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif></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: center; MARGIN: 0in 2.65pt 0pt 0in" align=center><B><U><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Years</FONT></U></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>50</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>15-40</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>2-15</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>3-15</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Telegraph, telex and data communication equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>5-15</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Transmission installation and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>-25&nbsp;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Satellite, earth station and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>3-20</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>5-25</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>3-20</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Data processing equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>3-20</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>5</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>2-5</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>4-8</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Asset Customer Premise Equipment (&#8220;CPE&#8221;) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>10</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Other equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>2-5</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Significant expenditures related to leasehold improvements are capitalized and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>depreciat</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ed over the lease term.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>The depreciation or amortization 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=arial,sans-serif>. The residual value of an asset is the estimate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>d&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> amount that </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the Group</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> 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=arial,sans-serif>,i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>f the asset </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> 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=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter148"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-22</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_149"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader149"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=black face=arial,sans-serif>l.&nbsp;&nbsp;&nbsp; Property and equipment </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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 valueunless (i) theexchange transaction lacks commercial substance; or (ii) the fair value of neither the asset received nor the asset given up is reliably measurable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN color=black 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=black face=arial,sans-serif>Major spare parts and standby equipment that are expected to be used for more than 12 months are recorded as part of property and equipment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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=black face=arial,sans-serif>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 gain or losses on the disposal or sale of the property and equipment are recognized in the consolidated statements of comprehensive income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face=arial,sans-serif>Certain computer hardware cannot be used without the availability of certain computer software. In such circumstance, 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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 face=arial,sans-serif>The cost of maintenance and repairs is charged to the consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>statements of comprehensive income </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as incurred. Significant renewals and betterments are capitalized.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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=black face=arial,sans-serif>Property under construction is stated at cost until the construction is completed, at which time it is reclassified to the 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 it meets the definition of a qualifying asset are, capitalized in proportion to the average amount of accumulated expenditures during the period. Capitalization of borrowing cost ceases when the construction is completed and the asset is ready for its intended use.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=IN color=black face=arial,sans-serif></FONT>&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=arial,sans-serif>m.&nbsp; Leases</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>In determining whether an arrangement is, or contains a lease, the Group performs 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="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>Finance lease is recognized if the lease transfers substantially all the risks and rewards incidental to the ownership of the leased asset.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>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 Group are added to the amount recognized as asset.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>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: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>Leased assets are depreciated using the same method and based on the useful lives as estimated for directly acquired property and equipment. However, if there is no reasonable certainty that the Group 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>

<a name="_bclFooter149"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-23</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_150"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader150"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>m.&nbsp; Leases </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>Lease arrangements that do not meet the above criteria are accounted for as operating leases for which payments are charged as an expense on the straight-line basis over the lease period.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE color=black 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=black face=arial,sans-serif>n.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Trade payables</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Trade payables are obligations to pay for goods or services that have been 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 (or in the normal operating cycle of the business, if this period is longer). If not, they are presented as non-current liabilities. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Trade payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=IN color=black 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=black face=arial,sans-serif>o.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Borrowings&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Borrowings 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 face=arial,sans-serif>;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 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 face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of comprehensive income over the period of the borrowings using the effective interest method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>Fees paid on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>obtaining&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> loan facilities are recognized as transaction costs of the loan to the extent that it is probable that some or all of the facilit</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ies</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 facilit</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ies</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>will be drawn down, the fee is capitalized as a pre-payment for liquidity services and amortized over the period of the facilit</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>iesto </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>which </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>it&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> relates.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=IN color=black 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=black face=arial,sans-serif>p.&nbsp;&nbsp; Foreign currency translations </FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The functional currency and the reporting currency of the Group are both the Indonesian rupiah, except for the functional currency of Telekomunikasi Indonesia International Pte. Ltd., Hong Kong,Telekomunikasi Indonesia International Pte. Ltd., Singapore, Telekomunikasi Indonesia International Inc., USA and Telekomunikasi Indonesia International S.A., Timor Leste whose accounting records are maintained in U.S. dollars, and Telekomunikasi Indonesia International Pty. Ltd., Australiawhose accounting records is maintained in Australian dollars. Transactions in foreign currencies are translated into Indonesian rupiah at the rates of exchange prevailing at transaction date. At the consolidated statements of financial position dates, monetary assets and liabilities denominated in foreign currencies are translated into Indonesian rupiah based on the buy and sell rates quoted by Reuters prevailing at the consolidated statements of financial position dates, as follows (in full amount):</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black 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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black 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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>2014</FONT></B></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><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Buy</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Buy</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>12,160</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>12,180</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>12,380</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: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>12,390</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Australian dollar(&#8220;AUD$&#8221;) 1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10,838</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10,868</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10,155</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Euro 1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>16,744</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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>16,774</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15,044</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Yen 1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>115.67</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: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>115.87</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: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>103.53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>103.64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The resulting foreign exchange gain 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>

<a name="_bclFooter150"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-24</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_151"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader151"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; 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=arial,sans-serif></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=arial,sans-serif>q.&nbsp;&nbsp; Revenue and expense recognition</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></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=arial,sans-serif>i.&nbsp;&nbsp;&nbsp; Fixed line telephone revenues</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>R</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>evenue</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s from fixed line installations, including incremental costs, are deferred and recognized as revenue and costs </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>on the straight-line basis</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> over the expected term of the customer relationship.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Based on reviews of historical information and customer trends, the Company determined the expected term of the customer relationships</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> in 2013 and 2014 to be 18 years.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif> Revenues from usage charges are recognized as customers incur the charges. Monthly subscription charges are recognized as revenues when incurred by subscribers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></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=arial,sans-serif>ii.&nbsp;&nbsp; Cellular and fixed wireless telephone revenues </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></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=arial,sans-serif>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 53.6pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></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=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=arial,sans-serif>Airtime and charges for value added services are recognized based on usage by subscribers.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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 color=black face=arial,sans-serif>Monthly subscription charges are recognized as revenues when incurred by subscribers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN color=black 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 face=arial,sans-serif>Revenues from prepaid service</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>, which consist of the sale of starter packs (also&nbsp;known as SIM cards in the case of cellular and RUIM cards in the case of fixed wireless telephone and start-up load vouchers) and 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 17.85pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></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 face=arial,sans-serif>iii.&nbsp;&nbsp; Interconnection revenues </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.3pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Revenues from network interconnection with other domestic and international telecommunications carriers are recognized</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> monthly on the basis of the actual recorded traffic for the month</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. Interconnection revenues consist of revenues derived from other operators&#8217; subscriber calls to the Group&#8217;s subscribers (incoming) and calls between subscribers of other operators through the Group&#8217;s network (transit).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>iv.&nbsp; Data, internet and information technology services revenues </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Revenues from data communication and internet are recognized based on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>service activity and performance which </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>are </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>measured by </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>duration of internet usage or based on the fixed amount </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>charge</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> depending on the arrangements with customers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Revenues from sales, installation and implementation of computer software and hardware, computer data network installation service and installation are recognized when the goods are delivered to customers or the installation takes place. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=X-NONE 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 face=arial,sans-serif>Revenue from computer software development service is recognized using the percentage-of-completion method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>v.&nbsp;&nbsp; Network revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 8pt" lang=X-NONE color=black 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=black face=arial,sans-serif>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><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter151"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-25</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_152"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader152"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&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=arial,sans-serif>q.&nbsp;&nbsp; Revenue and expense recognition </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>vi.&nbsp; Other telecommunications service revenues</FONT></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=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=black face=arial,sans-serif>Revenues from other telecommunications services consist of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Revenue-Sharing Arrangement</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>RSA</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>&#8221;)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif> and sales of other telecommunication services or goods. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The RSA are recorded in a manner similar to capital leases where the property and equipment and obligation under RSA are reflected in the consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>statements of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. 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; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 11pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Universal Service Obligation (&#8220;USO&#8221;) compensation from construction activities is recognized on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>stage</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>completion basis</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>. Revenues from operating and maintenance activities in respect of assets under the concession are recognized when the services are rendered.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>In concession contract</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> under USO, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>he Group recognize</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> a financial asset to the extent that it has a contractual right to receive cash or other financial assets from the Government for the construction services, where the Government has little, if any, discretion to avoid payment. The Group recognizes an intangible asset to the extent that it receives a license to charge users of the public service.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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=black face=arial,sans-serif>Revenues from sales of other telecommunication services or goods are recognized upon completion of services and/or delivery of goods to customers.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>vii.&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Multiple-element arrangements</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Where two or more revenue</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=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=black face=arial,sans-serif>viii. Agency relationship</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>Revenues from an agency relationship are recorded based on the gross amount billed to the customers when the Group acts 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) when, in substance, the Group has acted as agent and earned commission from the suppliers of the goods and services sold.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>x</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Customer loyalty programme</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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 face=arial,sans-serif>The Group operates a loyalty programme, which allows subscribers to accumulate points for every certain multiple of the monthly usages for postpaid service or reload vouchers for prepaid services. The points will be accumulated during a certain period and can be redeemed in the future for free or discounted products, provided other qualifying conditions are achieved.</FONT></P>

<a name="_bclFooter152"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-26</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_153"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader153"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&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=arial,sans-serif>q.&nbsp;&nbsp; Revenue and expense recognition </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT></B>&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=black face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>x</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Customer loyalty programme</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 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; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>x.&nbsp;&nbsp; Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></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=black face=arial,sans-serif>Expenses are recognized </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as they are incurred.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT>&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 face=arial,sans-serif>r.&nbsp;&nbsp;&nbsp; Employee benefits</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp;&nbsp; Short-term employee benefits</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>All short-term employee benefits which consist of salaries and related benefits, vacation pay, incentives and other short-term benefits are recognized as expense on undiscounted basis when employees have rendered service to the Group.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp;&nbsp; Post-employment benefit plans and other long-term employee benefits </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Post-employment benefit plans consist of funded and unfunded defined benefit pension plans, defined contribution pension plan, other post-employment benefits, post-employment health care benefit plan, defined contribution health care benefit plan and obligations under the Labor Law. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Other long-term employee benefits consist of Long Service Awards (&#8220;LSA&#8221;), Long Service Leave (&#8220;LSL&#8221;), and pre-retirement benefits.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>The cost of providing benefits under post-employment benefit plans and other long-term employee benefits calculation is performed by an independent actuary using the projected unit credit method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>The net obligations in respect of the defined pension benefit plans and post-retirementhealth care benefit plan 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. 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 currencies 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"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Plan assets are assets that are held by the pension and post-retirement health care benefit plans. These assets are measured at fair value at the end of the reporting period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Remeasurement, comprising of actuarial gain and losses, the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability and the return on plan assets (excluding amounts included in net interest on the net defined benefit liability) are recognized immediately in the consolidated statements of financial position with a corresponding debit or credit to retained earnings through OCI in the period in which they occur. Remeasurements are not classified to profit or loss in subsequent periods.</FONT></P>

<a name="_bclFooter153"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-27</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_154"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader154"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&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 face=arial,sans-serif>r.&nbsp;&nbsp;&nbsp; Employee benefits (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp;&nbsp; Post-employment benefit plans and other long-term employee benefits (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ast </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>service costs are recogni</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>z</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ed immediately in</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> profit or loss on the earlier of:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.35pt; MARGIN: 0in 0in 0pt 67.5pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The date of plan amendment or curtailment; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.35pt; MARGIN: 0in 0in 0pt 67.5pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The date that the Group recognized restructuring-related costs</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Net interest is calculated by applying the discount rate to the net defined benefit liability or assets.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Gain 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Gain or losses on settlement are recognized when there is a transaction that eliminates all further legal or constructive obligation for part or all of the benefits provided under a defined benefit plan.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For defined contribution plans, the regular contributions constitute net periodic costs for the period in which they are due and, as such, are included in personnel expenses as they become payable.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>iii</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Share-based payments </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company operates an equity-settled, share-based compensation plan. The fair value of the employees&#8217; services rendered which are compensated with the Company&#8217;s shares is recognized as an expense in the consolidated statements of comprehensive income and credited to additional paid-in capital at the grant date.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN 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=black face=arial,sans-serif>s.&nbsp;&nbsp; Income tax</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Current and deferred tax</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>esare </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>recognized as income or an expense and included in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>consolidated statements of comprehensive income, except to the extent that </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>if </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>the tax arises from a transaction or event which is recognized directly in equity, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>in which case, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>the tax </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> recognized directly </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif> equity.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>C</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>urrent 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUB><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></SUB>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group recognizes deferred tax assets and liabilities for temporary differences between the financial and tax bases of assets and liabilities at each reporting date. The Group also recognizes deferred tax assets resulting from the recognition of future tax benefits, such as the benefit of tax losses carried forward to the extent their future realization is probable. Deferred tax assets and liabilities are measured using enacted or substantively enacted tax rates and tax laws at each reporting date which are expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.</FONT></P>

<a name="_bclFooter154"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-28</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_155"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader155"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>s.&nbsp;&nbsp; Income tax (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=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=black face=arial,sans-serif>The carrying amount of deferred tax asset is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable income will be available to allow the benefit of part or all of that deferred tax asset to be utilized.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Deferred tax assets and liabilities are offset in the consolidated statements of financial position, except if these are for different legal entities, in the same manner the current tax assets and liabilities are presented.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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 in the current year profit or loss, unless objection/appeal is taken. The additional taxes and penalty imposed through SKP are deferred as long as they meet the asset recognition criteria.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>t.&nbsp;&nbsp;&nbsp; Financial instruments</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.3pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US 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=black face=arial,sans-serif>The Group classifies financial instruments into financial assets and financial liabilities. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.&nbsp;&nbsp;&nbsp;&nbsp; Financial assets</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.3pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.7pt; MARGIN: 0in 0in 0pt 56pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group classifies its 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 classification depends on the purpose for which the financial assets are acquired. Management determines the classification of financial assets at initial recognition.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -1.7pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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 Group commits to purchase or sell the assets.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Group</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8217;s financial assets include cash and cash equivalents</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>, other current financial assets,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>trade and other receivables</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and other non-current assets.</FONT></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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20pt; MARGIN: 0in 0in 0pt 75pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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=arial,sans-serif>Gain or losses arising from changes in fair value of the trading securities are presented as other (expenses)/ income in the consolidated statements of comprehensive income in the period in which they arise. Financial asset measured at fair value through profit or loss consists of a derivative asset - put option, which is recognized as part of &#8220;Other Current Financial Assets&#8221; in the consolidated statements of financial position. </FONT></P>

<a name="_bclFooter155"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-29</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_156"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader156"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=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=black face=arial,sans-serif>t.&nbsp;&nbsp;&nbsp; Financial instruments </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&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 face=arial,sans-serif>i.&nbsp;&nbsp;&nbsp; Financial assets (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Loans and receivables </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Loans and receivables consist of, among other assets, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>cash and cash equivalents, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>other current financial assets (time deposits and escrow account), trade and other receivables,and other non-current assets (long-term trade receivables and restricted cash). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>These are initially recognized at fair value including transaction costs and subsequently measured at amortized cost, using the effective interest method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>c.&nbsp;&nbsp; Held-to-maturity financial assets </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Held-to-maturity investments are non-derivative financial assets with fixed or determinable payments and fixed maturities on which management has the positive intention and ability to hold to maturity, other than:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 94.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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=arial,sans-serif>those that the Group, upon initial recognition, designates as at fair value through profit or loss;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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=arial,sans-serif>those that the Group designates as available-for-sale; and </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c)</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=arial,sans-serif>those that meet the definition of loans and receivables. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>No financial assets were classified as held-to-maturity financial assets as of December 31, 2013 and 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>d.&nbsp;&nbsp;&nbsp; Available-for-sale financial assets </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1.05in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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. Available-for-sale financial assets primarily consist of mutual funds, and corporate and government bonds, which are recorded as part of &#8220;Other Current Financial Assets&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> in the consolidated statements of financial position.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1.05in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Available-for-sale securities are stated at fair value. Unrealized holding gain 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 gain or losses from the sale of available-for-sale securities are recognized in the consolidated statements of comprehensive </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>income</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>, and are determined on a specific identification basis. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></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 face=arial,sans-serif>ii.&nbsp;&nbsp;&nbsp; Financial liabilities</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group classifies its financial liabilities as (i) financial liabilities at fair value through profit or loss or (ii) financial liabilities measured at amortized cost. </FONT></P>

<a name="_bclFooter156"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-30</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_157"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader157"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></I>&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=black face=arial,sans-serif>t.&nbsp;&nbsp;&nbsp; Financial instruments (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=IN color=black face=arial,sans-serif></FONT></B>&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 face=arial,sans-serif>ii.&nbsp;&nbsp;&nbsp; Financial liabilities (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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 face=arial,sans-serif>The Group&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>financial liabilities include </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>trade </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> other payables, accrued expenses, loans and other borrowings, and other liabilities. Loans and other borrowings consist of short-term bank loans, two-step loans, bonds and notes, long-term bank loans and obligations under finance leases.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.4pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=black face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Financial liabilities at fair value through profit or loss </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>No financial liabilities were categorized as held for trading as of December 31, 2013 and 2014. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<OL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=1 start=2>

<OL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=a start=2>

<LI style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Financial liabilities measured at amortized cost </FONT></LI></OL></OL>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Financial liabilities that are not classified as liabilities at fair value through profit or loss fall into this category and are measured at amortized cost.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Financial liabilities measured at amortized cost aretrade </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> other payables, accrued expenses, loans and other borrowings,and other liabilities.Loans and other borrowings consist ofshort-term bank loans, two-step loans, bonds and notes, long-term bank loans and obligations under finance leases.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.4pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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=black face=arial,sans-serif>iii.&nbsp;&nbsp; Offsetting financial instruments</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black 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=black face=arial,sans-serif>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. The right of set-off must not be contingent on a future event and must be legally enforceable in all of the following circumstances:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></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=black face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the normal course of business;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the event of default; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the event of insolvency or bankruptcy of the Group and all of the counterparties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 57.4pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&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=black face=arial,sans-serif>iv.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Fair value of financial instruments</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>Fair value is the amount for which an asset could be exchanged, or liability settled, in an arm&#8217;s length transaction.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.55pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>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, a discounted cash flow analysis or other valuation models.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter157"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-31</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_158"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader158"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 50.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>t.&nbsp;&nbsp;&nbsp; Financial instruments (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=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>v.&nbsp;&nbsp; Impairment of financial assets</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>The Group assesses 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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>For financial assets carried at amorti</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>z</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>ed cost, the Group first assesses whether impairment exists individually for financial assets that are individually significant, or collectively for financial assets that are not individually significant. If the Group determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recogni</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>z</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>ed are not included in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>collective assessment of impairment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>The amount of any impairment loss identified is measured as the difference between the asset&#8217;s carrying amount and the present value of estimated future cash flows (excluding future expected credit losses that have not yet been incurred). The present value of the estimated future cash flows is discounted at the financial asset&#8217;s original effective interest rate.The carrying amount of the asset is reduced through the use of an allowance account and the loss is recogni</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>z</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>ed in profit or loss.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>For </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>available-for-sale</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>financial assets, the Group assesses at each reporting date whether there is objective evidence that an investment or a group of investments is impaired. When a decline in the fair value of an available-for-sale financial asset has been recognized in other comprehensive income and there is objective evidence that the asset is impaired, the cumulative loss that had been recognized in other comprehensive income 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>vi.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Derecognition of financial instrument</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire, or when the Group transfers substantially all the risks and rewards of ownership of the financial asset. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>The Group derecognizes a financial liability when the obligation specified in the contract is discharged or cancelled or has expired.</FONT></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=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=black face=arial,sans-serif>u.&nbsp;&nbsp; Treasury stock</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>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/transferred is accounted for using the weighted average method. The portion of treasury stock transferred for employee stock ownership program is accounted for at its fair value at grant date. The difference between the cost and the proceeds from the sale/transfer of treasury stock is credited to &#8220;Additional Paid-in Capital&#8221;.</FONT></P>

<a name="_bclFooter158"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-32</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_159"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader159"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; 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=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=black face=arial,sans-serif>v.&nbsp;&nbsp; Dividends</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Dividend for distribution to the stockholders is recognized as a liability in the consolidated financial statements in the year in which the dividend is approved by the stockholders. The interim dividend is recognized as a liability based on the Board of Directors&#8217; decision supported by the approval from the Board of Commissioners.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></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=arial,sans-serif>w.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Basic </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=black face=arial,sans-serif>and diluted </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>e</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>arnings per share and per ADS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face=arial,sans-serif>Basic earnings per share is computed by dividing profit for the year attributable to owners of the parent company by the weighted average number of shares outstanding during the year. Income per ADS is computed by multiplying the basic earnings per share by 200, the number of shares represented by each ADS.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>The Company does not have potentially dilutive financial </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>investments</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&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=arial,sans-serif>x.&nbsp;&nbsp; Segment information</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group's segment information is presented based upon identified operating segments. An operating segment is a component of an entity: a) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity); b) whose operating results are regularly reviewed by the Group&#8217;s chief operating decision makeri.e., the Directors, to make decisions about resources to be allocated to the segment and assess its performance; and c) for which discrete financial information is available</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 8pt" lang=IN color=black 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=black face=arial,sans-serif>y.&nbsp;&nbsp; Provisions</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Provisions are recognized when the Group has present obligations (legal or constructive) as a result of past events, and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligations and a reliable estimate can be made of the obligations.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=black face=arial,sans-serif>z.&nbsp;&nbsp; Impairment of non-financial assets </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=black 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=black face=arial,sans-serif>The Group assesses, at the end of each reporting period, whether there is an indication that an asset may be impaired. If such indication exists, the recoverable amount is estimated for the individual asset. If it is not possible to estimate the recoverable amount of the individual asset, the Group determines the recoverable amount of the Cash-Generating Unit (&#8220;CGU&#8221;) to which the asset belongs (&#8220;the asset&#8217;s CGU&#8221;).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The recoverable amount of an asset (either individual asset or CGU) is the higher of the asset&#8217;s fair value less costs to sell and its value in use. Where the carrying amount of the asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. In assessing the value in use, the estimated net future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter159"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-33</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_160"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader160"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=black 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=black face=arial,sans-serif>z.&nbsp;&nbsp; Impairment of non-financial assets (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In determining fair value less costs to sell, recent market transactions are taken into account, if available. If no such transactions can be identified, the Group uses an appropriate valuation model to determine the fair value of the asset. These calculations are corroborated by valuation multiples or other available fair value indicators.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Impairment losses of continuing operations are recognized </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> profit or loss as part of &#8220;Depreciation and Amortization&#8221; in the consolidated statements of comprehensive income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>An assessment is made at the end of each reporting period as to whether there is any indication that previously recognized impairment losses for an asset, other than goodwill, may no longer exist or may have decreased. If such indication exists, the recoverable amount is estimated. A previously recognized impairment loss for an asset, other than goodwill, is reversed only if there has been a change in the assumptions used to determine the asset&#8217;s recoverable amount since the last impairment loss was recognized. The reversal is limited such that the carrying amount of the asset does not exceed its recoverable amount, nor exceeds the carrying amount that would have been determined, net of depreciation, had no impairment been recognized for the asset in prior periods. Reversal of an impairment loss is recognized in profit or loss. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Goodwill is tested for impairment annually and when circumstances indicate that the carrying value may be impaired. Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates. When the recoverable amount of the CGU is less than its carrying amount, an impairment loss is recognized. Impairment loss relating to goodwill cannot be reversed in future periods.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>aa.&nbsp; Changes in accounting policies and disclosures </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Implementation of Offsetting Financial Assets and Financial Liabilities (Amendments to IAS 32)</FONT></U></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group applied</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Offsetting Financial Assets and Financial Liabilities (Amendments to IAS 32)</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> retrospectively in the current period in accordance with the transitional provisions set out in the amendments.The comparative balances are accordingly restated.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=eyinterstate-lightbold,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>These amendments clarify, among others things,that the right to setoff must not only be legally enforceable in the normal course of business, but must also be enforceable in the events of default, bankruptcy or insolvency of all of the counterparties to contracts, including the Group itself.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>The Group re-assessed its contracts that include an enforceable right to setoff in the normal course of business and the prevailing laws and regulations, and concluded that the right to setoff would not remain and be exercisable in the event of default, insolvency or bankruptcy. Accordingly, the set-off criterion is not met and the financial asset and liability should not be offset, and the gross amount is presented in the consolidated statement of financial position.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter160"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-34</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_161"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader161"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (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=black 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=black face=arial,sans-serif>aa.&nbsp; Changes in accounting policies and disclosures </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As a result of the amendments, the comparative figures in the consolidated statements of financial position have been restated as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Before restatement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Restatement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>After restatement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Consolidated statement of financial position as of December 31, 2013</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,421</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,018</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>33,075</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>33,672</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; 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 face=arial,sans-serif>127,796</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; 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 face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; 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 face=arial,sans-serif>128,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11,988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,585</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>28,437</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>29,034</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>51,142</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>51,739</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total liabilities</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> and equity</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>127,796</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>128,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 39.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The implementation of </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>IAS 32, Offsetting Financial Assets and Financial Liabilities - Amendments to IAS 32</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, did not have impact on the consolidated statements of comprehensive income, changes in equity and cash flows. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 21.8pt; MARGIN: 0in 0in 0pt 14.2pt"><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 21.8pt; MARGIN: 0in 0in 0pt 14.2pt"><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Other amended standards </FONT></U></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group has also applied, for the first time, </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Operating Segments (Amendments to IFRS 8)</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>These amendments require, among other things, an entity to disclose the judgments made by management in applying the aggregation criteria of operating segments, including a brief description of operating segments that have been aggregated and the economic characteristics used to assess whether the segments are similar. The required disclosures are provided in Note 36.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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 face=arial,sans-serif>Several other new and amended standards and interpretation also applied for the first time in 2014. However, they did not impact the consolidated financial statements of the Group.</FONT></P>

<P style="MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>ab. Critical accounting estimates, judgments and assumptions</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter161"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-35</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_162"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader162"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt 38.25pt"><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US 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=black face=arial,sans-serif>ab. Critical accounting estimates, judgments and assumptions (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=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=black face=arial,sans-serif>The Group makes 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.75in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Retirement&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> benefits</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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 retirement benefit obligations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group determines 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 Group considers 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 retirement benefit obligations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>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 post-employment benefits obligations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Other key assumptions for pension benefit obligations are based in part on current market conditions. Additional information is disclosed in Notes 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<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=arial,sans-serif>ii.&nbsp;&nbsp;&nbsp; Useful lives of property and equipment</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>The Group estimates the useful lives of its property and equipment 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 Group&#8217;s collective assessment of industry practice, internal technical evaluation and experience with similar assets. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>The Group reviews its estimates of useful lives at least at each financial year end and such estimates are updated if expectations differ from previous estimates due to changes in expectation of physical wear and tear, technical or commercial obsolescence and legal or other limitations on the continuing use of the assets. The amounts 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 profit or loss in the period of the change and future periods.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=X-NONE 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=black face=arial,sans-serif>Details of the nature and carrying amounts of property and equipment is disclosed in Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>iii.&nbsp;&nbsp; Provision for impairment of receivables</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><I><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group assesses 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 the actual and anticipated experience. Details of the nature and carrying amounts of provision for impairment of receivables are disclosed in Note 7.</FONT></P>

<a name="_bclFooter162"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-36</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_163"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader163"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>ab. Critical accounting estimates, judgments and assumptions </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>iv.&nbsp;&nbsp; Income taxes</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black 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=black face=arial,sans-serif>Significant judgment is required in determining the provision for income taxes. There are many transactions and calculations for which the ultimate tax determination is uncertain. The Group recognizes 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 year in which such determination is made. Details of the nature and carrying amounts of income tax are disclosed in Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 6pt" lang=IN color=black face=arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>v.&nbsp;&nbsp; Impairment of non-financial assets </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Group annually assesses 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 CGU 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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 6pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Group determines the estimated recoverable amount based on the future cash flow projections from the continuing use of the asset and the net cash flows to be received for the disposal of an asset at the end of its useful life. Th</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>se projections are estimated for the asset in its current condition and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>do </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>not include future cash flows that are expected to arise from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(a) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a future restructuring</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to which the Group is not yet committed</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(b) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>improving or enhancing the asset&#8217;s performance.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>assessment&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of recoverable amount is sensitive to management&#8217;s judgments in est</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>imating</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>future </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>forecasted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>cash flows</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, as well as the selection of discount rate, and technological and economic obsolescence rate</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. These judgments are applied based on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>management&#8217;s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>understandin</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>g&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of historical and current information, and expectations of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Group&#8217;s future plan and performance. Further details are presented in Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.1pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>3.&nbsp;&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=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=IN face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.4pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><U><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition of PT G</FONT></U><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CI&nbsp;</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On January 17, 2013, Sigma signed </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a sale and purchase of shares</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> agreement and transfer of debt with Landeskreditbank Baden-Wurttemberg-Forderbank (&#8220;L-Bank&#8221;) and Step Stuttgarter Engineering Park Gmbh (&#8220;STEP&#8221;) as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>shareholder</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of PT German Centre Indonesia (&#8220;GCI&#8221;). </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Further</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, on April 30, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> S</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>igmaboughtall </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>shares owned by L-Bank and STEP in GCI</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. Through this acquisition, Sigma enlarged its data center capacity that can be offered</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> its customers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><U><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition of Patrakom</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 40.3pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>On September 25, 2013, based on notarial deed No. 22 of Ashoya Ratam, S.H.,M.Kn,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>entered&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> into a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sale&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Purchase Agreement (SPA) with PT ELNUSA Tbk </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to acquire </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40%&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ownership in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Patrakom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp45.6 billion. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As a result,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the Company&#8217;s ownership in Patrakom increas</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ed from 40% </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>to 80%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> (Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.45pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>Further, o</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>n November</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 29</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2013, based on notarial deed No. 54 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>dated November 29, 2013 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of Ashoya Ratam, S.H., M.Kn</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>signed a SPA </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>with PT Tanjung Mustika Tbk </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to acquire the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>remaining 20%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ownershipin </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Patrakom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp24.8 billion.</FONT></P>

<a name="_bclFooter163"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 11pt">F-37</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_164"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader164"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -20.7pt; MARGIN: 0in 0in 0pt 20.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>3.&nbsp;&nbsp;&nbsp; BUSINESS COMBINATIONS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=IN face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Patrakom is a satellite</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>based closed fixed telecommunications network oper</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>tor and provider of communications solutions and network with a permit </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Operator of Micro Earth Stations Communications Systems in partnership with manufacturers of telecommunications equipment to serve various companies</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Through th</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> acquisition</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the Company can</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> integrate Patrakom&#8217;s business activities in accordance with the Company&#8217;s business development plan.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 1pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The f</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>air value</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of the assets acquired and liabilit</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>iesassumedat&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the acquisition </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>dates </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>are&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> as follows</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>:&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>GCI</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Patrakom</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>122</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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>140</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="FONT-SIZE: 10pt" lang=IN 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>225</FONT></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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>171</FONT></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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>396</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(15</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(171</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(186</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(16</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(61</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of the identifiable net assets acquired</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>215</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>331</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="FONT-SIZE: 10pt" lang=IN 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="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bargain purchase</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of previously held equity interests</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(46</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(46</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of the consideration transferred</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>70</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>243</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The excess of fair value of the identifiable net assetsacquiredover thefair value of the consideration transferred, amounting Rp42 billion, wasrecorded as part of &#8220;Other Income&#8221; in the 2013 consolidated statement of comprehensive income. Cost related to the acquisition amountingto Rp4.3 billion was incurred in 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>Since the acquisition dates, GCI and Patrakom have generated operating revenue amounting to Rp374 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition of CCA</FONT></U></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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 face=arial,sans-serif>On June 14, 2014, the shareholders of CCA and Telkom Australia entered into an agreement to purchase 75% ownership in CCA for AU$10,843,000 or equivalent to Rp11</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> billion. The acquisition was completed on September 25, 2014. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>CCA is a private company based in Surry Hills, Sydney and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> was </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>established in 2002. This company provides comprehensive and integrated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Business Process Outsourcing</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> solutions with other services for a complete end</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>end solution. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 35.45pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter164"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-38</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_165"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader165"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.1pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>3.&nbsp;&nbsp; BUSINESS COMBINATIONS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=IN face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisition</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 35.45pt; 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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The fair values of the assets acquired and liabilities </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>assumed</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>at the acquisition dates were as follows:&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cash and equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade receivable</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Property and equipment</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Intangible</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> assets (Note 14)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Long-term prepaid rental</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(29)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of identifiable net asset</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> acquired</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(39)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Goodwill</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> (Note 14)</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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of consideration transferred</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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>115</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" lang=IN face=arial,sans-serif></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#222222 face=arial,sans-serif>The goodwill of Rp54 billion comprises the fair value of expected synergies arising from the acquisition</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=#222222 face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#222222 face=arial,sans-serif> None of the goodwill recognized is expected to be deductible for income tax purposes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Since its</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>acquisition date, CCA ha</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s generated</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> revenue amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>7</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2 billion. The net cash flow</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to acquire control, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>net </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#222222 face=arial,sans-serif>ofcash acquired, amounted toRp110 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>b.</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Di</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>sposal&nbsp;</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>PT I</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ndonusa&nbsp;</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Telemedia (&#8220;Indonusa&#8221;)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.5in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On October 8, 2013, the Company sold 80% of its ownership in Indonusa to PT Trans Co</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>pora and PT Trans Media Corpora for Rp926 billion. Further, on the same date, the Company, Metra and PT Trans Corpora signed a Shareholders Agreement that established mutual relationship with the shareholders of Indonusa, including the grant of the right to the Company and Metra to sell their 20% remaining ownership in Indonusa to PT Trans Corpora at any time in 24 months after the second year ofthe closing transaction at a certain price (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ut </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>O</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ption).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Company ha</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>received the full payment for the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>80%-ownershipsale </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>transaction. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The Company recognized the gain on sale of Indonusa shares in the 2013 consolidated statement of comprehensive incomeas follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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" 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>consideration</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>received:&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>926</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Put </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>O</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ption&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>289</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>interest retained</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> in Indonusa (Note 11)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>182</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Carrying amount of assets and liabilities of Indonusa</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="75%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Gain </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>on sale of shares</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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,383</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter165"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-39</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_166"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader166"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; TRANSLATION OF RUPIAH INTO UNITED STATES DOLLAR</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The consolidated financial statements are stated in Indonesian rupiah.The translation of the Indonesian rupiah amounts into U.S. dollar amounts are included solely for the convenience of the readers and has been made using the average of the market buy and sell rates of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,385&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> to US$</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> as published by Reuters on December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. The convenience translation should not be construed as representations that the Indonesian rupiah amounts have been, could have been, or could in the future be, converted into U.S. dollar at this or any other rate of exchange.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US 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="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US 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="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CASH AND CASH EQUIVALENTS</FONT></B></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 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of cash and cash equivalents is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cash on hand</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cash in banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Mandiri (Persero) Tbk (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Mandiri&#8221;)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>804</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>611</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Negara Indonesia (Persero) Tbk (&#8220;BNI&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Rakyat Indonesia (Persero) Tbk (&#8220;BRI&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,343</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Mandiri&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>458</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>230</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>332</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>757</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>666</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-total</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,100</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,900</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others (each below Rp75 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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>22</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1&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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>176</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Standard Chartered Bank (&#8220;SCB&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>313</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>398</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Hong</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>k</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ong and Shanghai Banking Corporation</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> Ltd.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>95</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>415</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>580</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>636</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>756</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total cash in banks</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,736</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,656</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter166"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-40</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_167"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader167"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CASH AND CASH EQUIVALENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,443</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,975</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,285</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Mandiri&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,271</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>852</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (&#8220;BJB&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>245</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Tabungan Negara (Persero) Tbk (&#8220;BTN&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,361</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,670</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,260</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,713</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>248</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BNI</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,524</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,969</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sub-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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,885</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8,639</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,057</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT Bank Permata Tbk (&#8220;Bank Permata&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,350</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Mega Tbk (&#8220;Bank Mega&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,057</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT Bank UOB Indonesia (&#8220;UOB&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Ekonomi Raharja Tbk (&#8220;Bank Ekonomi&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>73</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Muamalat Indonesia Tbk (&#8220;Bank Muamalat&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Central Asia Tbk (&#8220;BCA&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>599</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Tabungan Pensiunan Nasional Tbk (&#8220;BTPN&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>136</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Yudha Bhakti</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank Internasional Indonesia Tbk (&#8220;BII&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>126</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others (each below Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>75&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>87&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>133</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,824</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,862</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank Permata</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Bank OCBC NISP Tbk (&#8220;OCBC NISP&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>448</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Bank Mega</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>323</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,491</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,068</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total time deposits</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>11,953</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>14,992</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Grand Total</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>14,696</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>17,672</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 13pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter167"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-41</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_168"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader168"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CASH AND CASHEQUIVALENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>Interest rates per annum on time deposits are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 5.85pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 5.85pt; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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: 5.85pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 5.85pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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: 5.85pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 5.85pt; 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1.00%-11.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4.00%-11.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0.03%-3.00%</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%-3.00%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>The related parties in which the Group placesits funds are state-owned banks. The Group placed the majority of its 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 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6.&nbsp;&nbsp; OTHER CURRENT FINANCIAL ASSETS</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 6pt" lang=EN-US 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of other current financial assets is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-total</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>SCB</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,859</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bank </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>CIMB Niaga</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>OCBC NISP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,600</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-total</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,266</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total time deposits</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,288</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Available-for-sale financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>133</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>130</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>State-owned enterprises</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>74</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>202</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Third parties</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total available-for-sale financial assets</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Escrow account</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> - related party</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,121</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>312</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>312</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,872</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,797</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>As of December 31, 2013 and 2014, time deposits denominated in foreign currencyamounted toRp59billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>110&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Escrow account represents Telkomsel&#8217;s account in BNI, in relation to the Conditional Business Transfer Agreement between Telkomsel and the Company (Note 38c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ii).&nbsp;</FONT></P>

<a name="_bclFooter168"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-42</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_169"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader169"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6.&nbsp;&nbsp; OTHER CURRENT FINANCIAL ASSETS (</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ime deposits </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>have </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>maturities of more than three months but not more than one year, with interest rates</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> as follows:</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1.60%-1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.50%&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Foreign currency</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1.00%-1.10%</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0.85%-1.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.85pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Refer to Note 35 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.85pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of trade and other receivables is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</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="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&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"><B><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,495</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,093</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>872&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(3,096</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,623</FONT></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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,997</FONT></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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>403</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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>392</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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(9</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Net</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>395</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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>383</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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>trade and other </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>receivables&nbsp;</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,018</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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,380</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Trade receivables arise from services provided to both retail and non-retail customers, with details as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>a.&nbsp;&nbsp; By debtor</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Government agencies</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-SIZE: 10pt" face=arial,sans-serif>842</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,186</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>State-owned enterprises</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-SIZE: 10pt" face=arial,sans-serif>877</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>458</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonusa</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-SIZE: 10pt" face=arial,sans-serif>180</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>290</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT Indosat Tbk (&#8220;Indosat&#8221;)</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-SIZE: 10pt" face=arial,sans-serif>249</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>195</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>CSM</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>243</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="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</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-SIZE: 10pt" face=arial,sans-serif>2,436</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,452</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>555&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(721</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,881</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,731</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 13pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<a name="_bclFooter169"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-43</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_170"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader170"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.3pt; MARGIN: 0in 0in 0pt 53.2pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>a.&nbsp;&nbsp; By debtor</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>(ii)&nbsp;&nbsp; Third 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 align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Individual and business subscribers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,42</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,856</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>63</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>785</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,641</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,317&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(2,375</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,742</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" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,266</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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 12pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp;&nbsp; By age</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>(i)&nbsp;&nbsp; Related parties</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Up to 6 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,677</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,540</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7 to 12 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>439</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,436</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>555&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(721</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,881</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,731</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(ii)&nbsp;&nbsp; Third parties</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Up to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> months</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-SIZE: 10pt" lang=IN face=arial,sans-serif>4,323</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,5</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>56&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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,736</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>085&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</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-SIZE: 10pt" lang=IN face=arial,sans-serif>7,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,641</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,317&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(2,375</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,742</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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,266</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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 13pt" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter170"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-44</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_171"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader171"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>b.&nbsp;&nbsp; By age</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.75in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(iii)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Aging of total trade receivables</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><SUP><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="35%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013 (Restated)</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><SUP><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Gross</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Gross</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Provision for impairment of receivables</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Not past due</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,974</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>127</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Past due up to 3 months</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,727</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,294</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>262</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>724</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>321</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>645</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>321</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,070</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,559</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,386</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9,495</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,872</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>10,093</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,096</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group has made provision for impairment of receivables based on the collective assessment of historical impairment rates and individual assessment of its customers&#8217; credit history. The Group does not apply a distinction between related party and third party receivables in assessing amounts past due. As of December 31, 2013 and 2014, the carrying amounts of trade receivables of the Group considered past due but not impaired amounted to Rp2,659 billion and Rp3,529 billion, respectively. Management believes that receivables past due but not impaired, along with 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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.45pt; MARGIN: 0in 0in 0pt 36.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; By currency</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=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 face=arial,sans-serif>(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,406</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,426</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>30</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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,436</FONT></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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>555&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(721</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,881</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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,731</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" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 13pt" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<a name="_bclFooter171"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-45</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_172"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader172"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; By currency (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(ii)&nbsp;&nbsp; Third parties</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 5pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated)</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6,11</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6,55</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>U.S. dollar</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>94</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,05</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Australian dollar</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Euro</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Hong Kong </FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>dollar&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>7,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>7,641</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,317&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(2,375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4,742</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5,266</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>d.&nbsp;&nbsp; Movements in the provision for impairment of receivables</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.94%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 40.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&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"><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&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"><B><FONT style="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Beginning balance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,047</FONT></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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,872</FONT></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="FONT-SIZE: 10pt" lang=IN 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision recognized during the year (Note 30)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,589</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>784</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Receivables writtenoff</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(622</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(560</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Acquisition of business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Divestment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Reclassification</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Ending balance</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,872</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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,096</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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 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 face=arial,sans-serif>The receivables written off relate to both </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>related party and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>third party receivables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Management believes that the provision for impairment of receivables is adequate to cover losses on uncollectible receivables.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>As of December 31, 2014, certain trade receivables of the subsidiaries amounting to Rp2,571 billion have been pledged as collateral under lending agreements (Notes 18 and 19).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions. </FONT></P>

<a name="_bclFooter172"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-46</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_173"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader173"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; INVENTORIES</FONT></B></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 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 face=arial,sans-serif>The breakdown of inventories is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.18%; 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Components</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>SIM cards, RUIM cards, set top box</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>es </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>blank </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>prepaid vouchers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>102</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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>157</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>133</FONT></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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>531</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>517</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"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Provision for obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></SUP>&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"><SUP><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></SUP>&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"><SUP><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Components</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(21</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(15</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>SIM cards, RUIM cards, set top box</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>es </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>blank </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>prepaid vouchers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(28</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0</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="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(43</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>509</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>474</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=IN 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Movements in the provision for obsolescence are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE 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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Beginning balance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>148</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision (reversal) recognized during the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(29</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Inventory wri</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>te</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>n</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>off&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Reclassification</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(96</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></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" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Divestment</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>22</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"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>43</FONT></B></P></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" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The inventories recognized as expense and included in operations, maintenance and telecommunication service expenses for the years ended December 31, 2012, 2013 and 2014 amounted to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp633 billion, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>752&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp1,031 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively (Note 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Management believes that the provision is adequate to cover losses from decline in inventory value due to obsolescence.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Certain inventories of the subsidiaries amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>57&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion have been pledged as collateral under lending agreements (Notes 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>As of December 31, 2013 and 2014, modules and components with book value amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>280&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billon</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp237 billion,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> respectively, which are held by the Group have been insured against fire, theft and other specific risks.Modules are recorded as part of property and equipment. Total sum insured as of December 31, 2013 and 2014amounted to Rp261 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>266&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Management believes that the insurance coverage is adequate to cover potential losses of inventories arising from the insured risks.</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; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>F-47</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<DIV></DIV>

&nbsp; <A name="page_174"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader174"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; ADVANCES AND PREPAID EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of advances and prepaid expenses is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.18%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Frequency license (Notes 38c.i and 38c.ii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,330</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,699</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Prepaid rental</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>744</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>983</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Advances</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>297</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Salaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>209</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Deferred expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>124</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>51</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>84</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others (each below Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>75&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> 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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>338</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,733</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=IN face=arial,sans-serif>R</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>efer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 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 face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10.&nbsp; ASSETS HELD FOR SALE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>This account represents the carrying amount of Telkomsel&#8217;s equipment units to be exchanged with equipment units of Nokia Siemens Network Oy (&#8220;NSN Oy&#8221;) and PT Huawei Tech Investment (&#8220;PT Huawei&#8221;). The amount will be used as part of the settlement for the acquisition of equipment units from these companies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>As of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, Telkomsel&#8217;s equipment units with net carrying amount of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp105 billion and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp57 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,are presented as assets held for salein the consolidated statements of financial position (Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.vi).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Assets held for sale are presented under the personal segment (Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; LONG-TERM INVESTMENTS </FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>The details of long-term investments as of December 31, 2013 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 31.5pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></B></P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="81%" colSpan=13>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Beginning balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additions (Deductions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Share of net (loss) profit of associated companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Dividend</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Translations</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Ending balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Long-term</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Investments in associated companies</FONT></B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>:&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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 style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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 style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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 style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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 style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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 style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" face=arial,sans-serif></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; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indonusa<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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20.00</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>182</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>189</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Melon Indonesia ` (&#8220;Melon&#8221;)<SUP>d</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>51.00</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(3</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></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 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;)<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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telin Malaysia<SUP>f</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>49.00</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(6</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></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 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>CSM<SUP>g</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>25.00</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PSN<SUP>h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>22.38</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Patrakom<SUP>i</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>40.00</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>46</FONT></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="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(46</FONT></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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Scicom<SUP>j</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>98</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="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(88</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="FONT-SIZE: 8pt" face=arial,sans-serif>2</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="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(3</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="FONT-SIZE: 8pt" face=arial,sans-serif>(9</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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 style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>68</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(29</FONT></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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 8pt" face=arial,sans-serif>(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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>283</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total long-term investments</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>275</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: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>68</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: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(29</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.95pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(5</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(5</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>304</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: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter174"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-48</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_175"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader175"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11.&nbsp; LONG-TERM INVESTMENTS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Summarized </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>financial information of the Group&#8217;s investments accounted</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>equity method for 2013:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Indonusa</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="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Melon</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ILCS</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="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telin Malaysia</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="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>CSM</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="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PSN</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="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Statements of financial position</FONT></I></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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>124</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"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>73</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>64</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>222</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="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>183</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="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,426</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,051</FONT></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="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>634</FONT></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="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>662&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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(21</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1,091</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></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-SIZE: 8pt" lang=IN face=arial,sans-serif>(1,418</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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-INDENT: -0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(296</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(730</FONT></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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Equity (deficit)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>881</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>68</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>75</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>36</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(114</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="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1,331</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Statements of comprehensive income</FONT></I></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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&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"><I><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></I>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Revenue</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>363</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>73</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0</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="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>306</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="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>462</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="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cost of revenues and operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(79</FONT></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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(420</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 8pt" lang=IN face=arial,sans-serif>(460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other (expenses) income, including finance costs - 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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-INDENT: -0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(124</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(57</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>L</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>oss before tax</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(163</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(6</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(22</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(11</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(238</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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 style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(55</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Net income tax</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>benefit&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>39</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>57</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="FONT-SIZE: 8pt" lang=IN 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>L</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>oss for the year</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(124</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(6</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(22</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="FONT-SIZE: 8pt" face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(11</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(181</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(55</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="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 31.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The details of long-term investments as of December 31, 2014 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="59%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Beginning balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additions (Deductions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Share of net (loss) profit of associated companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Translations</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Ending balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Long-term</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Investments in associated companies</FONT></B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>:&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Tiphone<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>24.92</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,395</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,392</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indonusa<SUP>b</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20.00</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>189</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>221</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Teltranet Aplikasi Solusi (&#8220;Teltranet&#8221;)</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>c</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Melon</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>d</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>51.00</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>43</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>ILCS</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>e</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telin Malaysia</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>f</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>49.00</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(19</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>CSM</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>g</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>25.00</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>283</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(17</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PSN</FONT><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>h</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>14.60</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(6</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total long-term investments</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>304</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,4</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>81&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(17</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,7</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>67&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 31.5pt"><B><FONT lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter175"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-49</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_176"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader176"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11.&nbsp; LONG-TERM INVESTMENTS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Summarized</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> financial information of the Group&#8217;sinvestmentsaccounted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>equity method for 2014:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Tiphone</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Indonusa</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Teltranet</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Melon</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>ILCS</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telin Malaysia</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>CSM</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Statements of financial position</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,469</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>396</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>104</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>101</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>86</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>157</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="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,259</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>365</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>933</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,465</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(382</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(31</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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-SIZE: 7pt" face=arial,sans-serif>(1</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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-SIZE: 7pt" face=arial,sans-serif>(1,297</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(605</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(317)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Equity (deficit)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,988</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(226</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>104</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>84</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(524)</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><I><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Statements of comprehensive income</FONT></I></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-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></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-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></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-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></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-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></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-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>14,590</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>387</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>134</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>99</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>173</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Cost of revenues and operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,082</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(129</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(97</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 7pt" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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-SIZE: 7pt" face=arial,sans-serif>(382</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other (expenses)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>income, including finance costs &#8211; 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(35</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Profit (loss) before tax</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>412</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(74</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(0</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(41</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(196</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Net income tax expense</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(107</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Profit (loss) for the year</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>305</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(74</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(0</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(41</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(196</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -7.9pt; MARGIN: 0in 0.95pt 0pt 26.6pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>a</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Tiphone </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>was established on June 25, 2008 as </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>PT </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Tiphone Mobile Indonesia Tbk.</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Tiphone</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>is engaged in </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>telecommunication equipment business</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>, such asfor </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>celullar phone including spare parts, accessories, pulse</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif> reload vouchers</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>, repair service and content provider through its subsidiaries.On September 18, 2014, the Company through PINS acquired 25% ownership in Tiphone </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>for&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Rp1,395 billion. </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>As of December 31, 2014, the fair value of the investment is Rp1,632billion. The fair value is calculated by multiplying the number of shares by the published price quotation as of December 31, 2014 (Rp930 per share).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -7.9pt; MARGIN: 0in 0.95pt 0pt 26.6pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Reconciliation of financial information to the carrying amount of long-term investment in Tiphone is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -8.1pt; MARGIN: 0in 0in 0pt 31.5pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.3%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 27pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>728&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(2,740</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="75%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Net assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,988</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Group&#8217;s proportionate share of net assets (24.92%)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>745</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="75%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Goodwill</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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>647</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="75%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Carrying amount of long-term investment</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,392</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></SUP>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>b</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Indonusa had been a subsidiary of the Company until 2013 when the Company disposed 80% of its interest in Indonusa (Note3b).</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>On May 14, 2014, based on the Circular Resolution of the Stockholders of Indonusaas covered by notarial deed No. 57 dated April 23, 2014 of FX Budi Santoso Isbandi, S.H., which was approved by the MoLHR in its LetterNo. AHU-02078.40.20.2014 dated April 29, 2014, Indonusa&#8217;s stockholders approved an increase in its issued and </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>fully </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>paid capital </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>by&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Rp80 billion. The Company has waived its right to own the new shares issued and transferred it to Metra and</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> as </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>a </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>result</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Metra&#8217;s ownership in Indonusa increased to 4.33%.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>c&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Investment in T</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>eltranet </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>is accounted for under the</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>equity method</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>, which covered </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>on </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>an </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>agreement between Metra and Telstra Holding Singapore Pte. Ltd. </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>on August 29, 2014. </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Teltranet </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>is engaged in communication </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>system&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif> services.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Metra </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>does not have</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> control </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>as it does not</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> determin</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>ethe </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>financial and operating policies of Teltranet.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>d</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Melon is engaged in providing Digital Content Exchange Hub services (&#8220;DCEH&#8221;). Metra does not have control over Melondue to the existence of substantive participating rights held by the other venturer over the financial and operating policies of Melon</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>e</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>ILCS is engaged in providing E-trade logistic services and other related services.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>f</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Telin Malaysia is engaged in telecommunication services in Malaysia.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>g</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>CSM is engaged in providing Very Small Aperture Terminal (&#8220;VSAT&#8221;), network application services and consulting services on telecommunications technology and related facilities. The unrecognized share of losses of CSM for the years ended December 31, 2013 and 2014 are Rp80 billion and Rp131 billion, respectively.</FONT></P>

<a name="_bclFooter176"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-50</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_177"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader177"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; LONG-TERM INVESTMENTS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>h</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; 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 Rpnil. The unrecognized share of losses of PSN for the year ended </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>December 31, 201</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>3 is </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Rp29</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>8&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>. In 2014, the Company&#8217;s ownership interest in PSN was diluted to 14.60%. Accordingly, the Company&#8217;s investment in PSN is not accounted for under the equity method.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0.05pt 0pt 27pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>i</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Patrakom is engaged in providing satellite communication system services, related services and facilities to companies in the petroleum industry. Patrakom has been consolidated since 2013 (Notes 1d and 3a).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0pt 0pt 27.35pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>j</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Scicom is engaged in providing call center services in Malaysia. On September 19, 2013, the Company sold its investment in&nbsp; Scicom (MSC) Berhad-Malaysia (Scicom), with the proceeds of disposal and the carrying amount of the investment on the date of disposal amounting to Rp153 billion and Rp88 billion, respectively, resulting in a gain of Rp65 billion. </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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12.&nbsp; PROPERTY AND EQUIPMENT </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The details of property and equipment are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>January 1, 2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Business acquisition</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Divestment</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Reclassifications/Translations</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 31, 2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>At cost</FONT></B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>:&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,787</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>120</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>98</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>220</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(27</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>812</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>428</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,577</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>18,788</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(13</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>88,170</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,947</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,641</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>10,098</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>101,544</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7,267</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(110</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7,456</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>28,024</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(601</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,084</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>29,353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>253</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(71</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,136</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11,755</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>973</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(283</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>129</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>230</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>502</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>695</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>138</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(9</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(41</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>305</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>358</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>CPE assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property under construction</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,312</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>15,349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,690</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,971</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>174,322</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>396</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(756</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>24,898</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,048</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,689</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>188,123</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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: 6pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.34%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>January 1, 2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Divestment</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Deductions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Reclassifications/Translations</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>December 31, 2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Accumulated depreciation and impairment losses:</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,739</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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,840</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(27</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>649</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,718</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(3,466</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>12,950</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Telegraph, telex and datacommunication equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(13</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8,507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>321</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,535</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,269</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>48,025</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>663</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(239</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5,190</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(181</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,055</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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(317</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>17,990</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,171</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(67</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(292</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6,794</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>775</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(264</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(221</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6,905</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>268</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>73</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(16</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>69</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>CPE assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Other 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>97,414</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(335</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>14,537</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(4,727</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,961</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>101,524</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6,908&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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>86,599</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<a name="_bclFooter177"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-51</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_178"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader178"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>12.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>January 1, 2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Business acquisition</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Reclassifications/ Translations</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 31, 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>At cost</FONT></B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>:&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>107</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(21</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,184</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4,224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(19</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>235</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4,571</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(52</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>134</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>943</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>18,788</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>331</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(496</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>634</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>19,257</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>101,544</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,793</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1,531</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>10,651</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>113,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7,456</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>312</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(21</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>180</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7,927</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>29,353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3,025</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,185</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>33,313</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>11,755</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>225</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(78</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>874</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>12,776</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>9,353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>684</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(74</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>381</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>10,344</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>604</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>206</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(9</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>972</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>358</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(6</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>90&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>CPE assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Property under construction</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,971</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>16,660</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(15</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(14,763</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,853</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>188,123</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>24,66</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1&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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,569&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(503</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>209,718</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>January 1, 2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Additions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Reclassifications/ Translations</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 31, 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Accumulated depreciation and impairment losses:</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>840&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>135</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(16</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,954</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>649</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>71</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(52</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>950&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,572</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(496</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(129</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>13,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>48</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>025&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9,717</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(1,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>457&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>56,454</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>190&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>577</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>332</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6,099</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>17</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>990&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,207</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>49&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>18,933</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,7</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>94&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,246</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>62&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7,978</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>905&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>886</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(7</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>8&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7,703</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>268</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>323</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>665</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>69</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>CPE assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Other 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>97</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>101,524</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>15,680</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(2,420</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(473</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>115,116</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>86,599</FONT></B></P></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>94,602</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>a.&nbsp;&nbsp; Gain on disposal or sale of property and equipment</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>466</FONT></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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>501</FONT></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="FONT-SIZE: 9pt" lang=IN 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="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net carrying value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(144</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>53&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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(6</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2&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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Gain on disposal or sale of property and equipment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>216</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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>13&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="FONT-SIZE: 9pt" 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=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>43</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>9&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="FONT-SIZE: 9pt" 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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter178"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-52</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_179"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader179"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>12.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -58.5pt; MARGIN: 0in 0in 0pt 58.5pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US 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=IN face=arial,sans-serif>b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Asset impairment </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>(i)</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=arial,sans-serif>As of December 31,2013 and 2014, the CGUs that independently generate cash inflows were fixed wireline, fixed wireless, cellular and others.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31,2013, 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 resulted in lower average tariffs, declining active customers and declining average revenue per user. The Company assessed the recoverable value of the assets in the CGU and determined that assets for the fixed wireless CGU were impaired by Rp596 billion. The recoverable amount was determined based on value-in-use (VIU) calculations. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>This calculation used the most recent cash flow projection approved by management covering a five-year period and with cash flows beyond the five-year period extrapolated using a perpetuity growth rate. Management&#8217;s cash flow projection also incorporates management&#8217;s reasonable expectations for developments in macro economic conditions and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> market expectations for the Indonesian telecommunications industry. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>M</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>anagement applied a pre-tax discount rate of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>13.5%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>derived from the Company&#8217;s post-tax weighted average cost of capital and bench marked to externally available data.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.1pt; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>In 2014, the Group decided to cease its fixed wireless business no later than December 14, 2015. The Company assessed the recoverable amount to be Rp549 billion as of December 31, 2014 and determined that the assets for fixed wireless CGU were further impaired by Rp805 billion. The recoverable amount has been determined based on VIU calculation using the most recent cash flow projection approved by management. The cash flow projection included cash inflows from the continuing use of the assets during the remaining service period and projected net cash flows to be received for the disposal of the assets for fixed wireless CGU at the end of the service period. Projected net cash flows to be received for the disposal of the assets were determined based on cost approach, adjusted for physical, technological and economic obsolescence. Management applied a pre-tax discount rate of 13.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5% </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>derived from the Company&#8217;s post-tax weighted average cost of capital and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>benchmarked to externally available data. In addition, management also applied technological and economic obsolescence rate of 30% based on the Company&#8217;s internal data, due to the lack of comparable market data because of the nature of the assets. The determination of VIU calculation is most sensitive to the technological and economic obsolescence rate assumption. An increase in technological and economic obsolescence rate to 40% would result in a further impairment of Rp70 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 60.75pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>Loss on impairment of assets is recognized as part of &#8220;Depreciation and Amortization&#8221; in the consolidated statements of comprehensive income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 60.75pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif></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 face=arial,sans-serif>(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Management believes that there is no indication of impairment in the assets of other CGUs as of December 31, 2013 and 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Others</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21pt; MARGIN: 0in 0in 0pt 58.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Interest capitalized to property under construction amounted to Rp44 billion, Rp100 billion and Rp127 billion for the years ended December 31, 2012, 2013 and 2014, respectively. The capitalization rate used to determine the amount of borrowing costs eligible for capitalization ranged from 7.72% to 9.75%, 9.75% to 13.07% and from 11% to 18.31% for the years ended December 31, 2012, 2013 and 2014, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21pt; MARGIN: 0in 0in 0pt 58.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>No foreign exchange loss was capitalized as part of property under construction for the years ended December 31, 2012, 2013 and 2014.</FONT></P>

<a name="_bclFooter179"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-53</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_180"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader180"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>12</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>PROPERTY AND EQUIPMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -58.5pt; MARGIN: 0in 0in 0pt 58.5pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Others (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 insurance 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 &#8220;Other Income&#8221; in the 2012 consolidated statement of comprehensive income. The Company received the proceeds from the insurance claim in November 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2014, the G</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>roup received proceed</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> from the insurance claim on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>lo</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>st and broken property and equipment, with a total value of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>212&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> billion. The proceed</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> w</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ere&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> recorded as part of &#8220;Other Income&#8221; in the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2014 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>consolidated statement of comprehensive income. In 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, the net carrying value </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>th</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>at </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>asset of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>50&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> billion w</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> charged </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>toprofit or loss</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iv)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2012, Telkomsel decided to replace certain equipment units with net carrying amount of Rp1,037 billion, as part of its modernization program. Accordingly, Telkomsel changed the estimated useful lives of such equipment. In 2013 and 2014, the effect of the change is an additional depreciation expense amounting to Rp131 billion and Rp84 billion, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2014, Telkomsel decided to replace certain equipment units with net carrying amount of Rp252 billion, as part of its modernization program. Accordingly, Telkomsel changed the estimated useful lives of such equipment. In 2014, the effect of the change is an additional depreciation expense amounting to Rp252 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(v)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2012, the useful lives of Telkomsel&#8217;s towers were changed from 10 years to 20 years to reflect their current economic useful lives. The impact is a reduction of depreciation expense by Rp606 billion and Rp565 billion for the years ended December 31, 2013 and 2014, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The impact of the change in the estimated useful lives of the towers in future periods is an increase in the profit before income tax as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="74%">

   <P style="MARGIN: 0in 0in 0pt"><B><U><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Years</FONT></U></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><U><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amount</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" 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="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>469</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>301</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>92</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27.8pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the useful lives of Telkomsel&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>buildings and transmissions</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> were changed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>from 20 years to 40 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>years, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and from 10 years to 15 and 20 years</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,respectively, to reflect their current economic lives. The impact is a reduction of depreciation expense </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>289&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion for the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>year&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.7pt; MARGIN: 0in 0in 0pt 59.5pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.7pt; MARGIN: 0in 0in 0pt 58.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The impact of the change in the estimated useful lives of the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>buildings and transmissions</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> in future periods is an increase in the profit before income tax as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="74%">

   <P style="MARGIN: 0in 0in 0pt"><B><U><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Years</FONT></U></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><U><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amount</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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=bottom width="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>98&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 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=bottom width="74%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2018</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>135</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter180"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-54</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_181"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader181"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>12</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>PROPERTY AND EQUIPMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -58.5pt; MARGIN: 0in 0in 0pt 58.5pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Others (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -58.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(vi)&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Exchange of property and equipment </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company entered into a Procurement and Installation Agreement for the Modernization of the Copper Cable Network through Optimization of Asset Copper Cable Network through Trade In/Trade Off method </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>with PT Industri Telekomunikasi Indonesia (&#8220;INTI&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT L</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>en&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Industri (&#8220;LEN&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 1in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2013 and 2014, the Company derecognized the copper cable network asset with net carrying value of Rp1.6 billion and Rp1.8 billion, respectively, and recorded the fiber optic network asset from the exchange transaction of Rp203 billion and Rp435 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -58.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In 2013 and 2014, certain equipment units of Telkomsel with net carrying amount ofRp268 billion and Rp37 billion, respectively, were exchanged with equipment from NSN Oy and PT Huawei. As of December 31, 2013 and 2014, Telkomsel&#8217;s equipment units with net carrying amount of Rp105 billion and Rp57 billion, respectively, are going to be exchanged with equipment from NSN Oy and PT Huawei, therefore, these equipment units were presented as assets held for sale in the consolidated statements of financial position (Note 10).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 1in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>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: 5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 10pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(vii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group owns several pieces of land located throughout Indonesia with Building Use Rights (&#8220;Hak Guna Bangunan&#8221; or &#8220;HGB&#8221;) for a period of 10</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>45 years which will expire between 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 2053. Management believes that there will be no issue in obtaining theextension of the land rights when they expire.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(vii</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>) As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Group&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> property and equipment excluding land rights, with net carrying amount of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>85,352&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion were insured against fire, theft, earthquake and other specified risks, including business interruption, under blanket policies totalling Rp1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,244&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion, US$119&nbsp;million, EURO</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>thousand, HKD</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>9 million and SGD</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>9 million</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Management believes that the insurance coverage is adequate to cover potential losses from the insured risks.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ix</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>)&nbsp;&nbsp; As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the percentage of completion of property under construction was around 34% of the total contract value, with estimated dates of completion between </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>January 2015</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and November</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>6. The balance of property under construction mainly consists of buildings, transmission installation and equipment, cable network and power supply. 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: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(x)&nbsp;&nbsp;&nbsp; All assets owned by the Company have been pledged as collateral for bonds (Note 19b). Certain property and equipment of the Company&#8217;s subsidiaries with gross carrying value amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>62 billion have been pledged as collateral under lending agreements (Notes 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(xi)&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company and Telkomsel entered into several agreements with PT Professional Telekomunikasi Indonesia, PT Tower Bersama Infrastructure Tbk, PT Solusindo Kreasi Pratama,PT Naragita Dinamika Komunika, PT Solusindo Tunas Pratama and other tower providers to lease spaces in telecommunication towers (slot) and sites of the towers for a period of 10 years. The Company and Telkomsel may extend the lease period based on mutual agreement with the relevant parties. In addition, the Group also has lease commitments for property and equipment under RSA, transmission installation and equipment, data processing equipment, office equipment, vehicles and CPE assets with the option to purchase certain leased assets at the end of the lease terms</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter181"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-55</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_182"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader182"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>12.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=IN 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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Others (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.8in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(xi)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Future minimum lease payments required for assets under finance leases are as follows:</FONT></P>

<P style="MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Year</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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,070</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>885</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>975</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>847</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>927</FONT></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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>813</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>898</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>754</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>830</FONT></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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>681</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>758</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Thereafter</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,854</FONT></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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,147</FONT></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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total minimum lease payments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,904</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,535</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Interest</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(1,935</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(1,746</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net present value of minimum lease payments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,969</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,789</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="FONT-SIZE: 10pt" 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="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Current maturities (Note 18b)</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(648</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(571</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Long-term portion </FONT></B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Note 19)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,321</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,218</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ADVANCES AND OTHER NON-CURRENT ASSETS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of advances and other non-current assets is as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Advances for purchases ofproperty and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>550&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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,354</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Prepaid rental - net of current portion (Note 9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>403&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,587</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Claim for tax refund - net of current portion (Note 32)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>499</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>745</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Frequency license - net of current portion (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>619</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>493</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Defer</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ed charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>529</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>484</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Long-term trade receivables - net of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> current portion (Note 7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>558</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>362</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Restricted cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Others</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>82</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>224&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=IN 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>repaid rental </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>covers </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>rent</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>leasedline and telecommunication equipment and land and building under lease agreements</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Groupwith remaining rental periods ranging from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> years as of December 31, 2014.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 23.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2013 and 2014, deferred charges represent deferred </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Revenue-SharingArrangement (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>RSA</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8221;)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> charges and deferred Indefeasible Right of Use (&#8220;IRU&#8221;) Agreement charges. Total amortization of deferred charges for the years ended December 31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2012,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2013 and 2014 amounted to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp87 billion, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>91&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp86 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 23.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Long-term trade receivables are measured at amortized cost using the effective interest method and are payable in installments over 4 years. These arose from providing telecommunication access and services in rural areas (USO) (Note 27).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -6.5pt; MARGIN: 0in 0in 0pt 20.3pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.3pt; MARGIN: 0in 0in 0pt 0.35in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 35 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -6.5pt; MARGIN: 0in 0in 0pt 20.3pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter182"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-56</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_183"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader183"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; INTANGIBLE ASSETS</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>(i)&nbsp;&nbsp; The details of intangible assetsare as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Software</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Gross carrying amount:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, January 1, 2013</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>269</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>2,909</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>66</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>400</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3,644</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Addition</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>s&nbsp;</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>521</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>14&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>63</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>7&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Deductions</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(8</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(112</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Reclassifications</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>/translations&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>9</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, December 31, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>70&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3,432</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>67</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>401</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>170&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Accumulated amortization:</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, January 1, 2013</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(1,825</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(31</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(324</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2,201</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Amortization</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(458</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(114</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(5</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>78&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Deductions</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>8</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>112</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Reclassifications</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>/translations&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, December 31, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2,278</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(326</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2,6</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>2&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>49&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>1,154</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>30</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>75</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>1,508</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.42%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Software</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Gross carrying amount:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, January 1, 2014</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>70&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3,432</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>67</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>401</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>170&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Addition</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>s&nbsp;</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>340&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>07&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>447&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Acquisitions (Note 3a)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>54</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>78</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>132</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Deductions</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Reclassifications</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>/translations&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, December 31, 2014</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>322</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>771&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>67</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>72&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5,</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>732&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Accumulated amortization:</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, January 1, 2014</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2,278</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(326</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>(2,6</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Amortization</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(5</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>83&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>30&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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(61</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>9&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Deductions</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Reclassifications</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>/translations&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>1&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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balance, December 31, 2014</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(2,86</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(43</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(3</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>43&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-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>(3,2</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>69&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>301</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1,</FONT></B><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>909&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>24</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>229</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>2,</FONT></B><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>463&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>(ii)&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Goodwill resulted from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>acquisition of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Sigma in 2008 and Ad Medika in 2010, s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ale</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s-p</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>urchase transaction of Data Center Business between Sigma and BDM in 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, and acquisition of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>CCA in 2014 (Note 3a)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face=arial,sans-serif></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=arial,sans-serif>(iii)&nbsp; The remaining amortization periods of software range from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> years.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter183"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-57</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_184"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader184"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>15.&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 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 face=arial,sans-serif>The breakdown of trade and other payables is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013 </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,362</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other payables</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>388</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>114</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,585</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" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,476</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" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of trade payables is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013 </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Radio frequency usage charges, concession fees</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and USO charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>960</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,160</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Purchases of equipment, materials and services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>807</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>723</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>175</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,991</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,058</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Purchases of equipment, materials and services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,756</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,471</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>450</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>833</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,206</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,304</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,197</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,362</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Trade payables by currency are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013 </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8,63</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6&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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,479</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>U.S. </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>d</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ollar&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,5</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>08&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,837</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,19</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,362</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=IN 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<a name="_bclFooter184"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-58</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_185"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader185"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ACCRUED EXPENSES</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 6pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of accrued expenses is as follows:</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,504</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,640</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Salaries and benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,453</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,091</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>General, administrative and marketing expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,126</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,291</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Interest and bank charges</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>189</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,264</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" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,211</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" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; UNEARNED INCOME</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of unearned income is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,588</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Other telecommunications services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>327</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>297</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,490</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,963</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SHORT-TERM LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 11pt" lang=X-NONE 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 face=arial,sans-serif>This account consists of the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=PL face=arial,sans-serif>Short-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>432</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,810</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 style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Current maturities of long-term borrowings</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>093&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,899</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,5</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>25&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,709</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" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>a.&nbsp;&nbsp; Short-term bank loans</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="25%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Lenders</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency (in </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>millions</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency (in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rupiah 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Citibank N.A</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>US</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>$&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,244</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>155</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>UOB</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PT Bank Danamon Indonesia Tbk (&#8220;Bank Danamon&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>67</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&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: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>432</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,810</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=X-NONE face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<a name="_bclFooter185"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-59</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_186"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader186"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 18.9pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SHORT-TERM LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=IN 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 face=arial,sans-serif>a.&nbsp;&nbsp; Short-term bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Other significant information relating to short-term bank loans as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>is as follows:</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Total facility* (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Maturity date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Interest payment period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Citibank N.A</FONT></B><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>.&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>April 22, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Telkomsel</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>US</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>$&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>0.1</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>February 13, 2015</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Quarterly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>LIBOR+1.2%</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>None</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Bank CIMB Niaga</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>April 25, 2005</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>a</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balebat<SUP>e</SUP></FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October 18, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>13.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 7), inventories (Note 8) and property and equipment (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>April 29, 2008</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>a</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balebat<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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October 18,201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>13.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 7), inventories (Note 8) and property and equipment (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>March 21, 2013</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif> b</FONT></SUP></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: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Infomedia</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October 18, 2015</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>12.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>March 25, 2013</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif> b</FONT></SUP></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: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Infomedia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October 18,2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>12.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>March 27, 2013</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif> b</FONT></SUP></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: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Infomedia</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>24</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October 18,2015</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>12.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>April 28, 2013</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif> c</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>85</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>November11, 2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>11.50</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Property and equipment (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>September 22, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balebat<SUP>e</SUP></FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>April 30</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>13.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 7), inventories (Note 8) and property and equipment (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>September 22, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Balebat<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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>October 18</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>13.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 7), inventories (Note 8) and property and equipment (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>October</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif> 29</FONT><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>Infomedia Solusi Humanika</FONT><SUP><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>f</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>October </FONT><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>29</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>,201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7.5pt" lang=EN-GB face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif> receivables</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif> (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>UOB</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>November 22, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Infomedia</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>200</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>November 22,201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>12.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Bank Danamon</FONT></B><SUP><B><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>d</FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7.5pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7.5pt" 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="17%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>August 23, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Infomedia</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>August 23,201</FONT><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Monthly</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif>12.00</FONT><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7.5pt" face=arial,sans-serif>Trade receivables (Note 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7.5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The credit facilities were obtained by the Company&#8217;s subsidiaries for working capital purposes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 40.05pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>*&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>In original currency</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 1pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>a</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Based on the latest amendment dated September 22, 2014</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>b</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Based on the latest am</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ndment </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>dated</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>October16, 2014</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>c</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Based on the latest am</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ndment </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>dated&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> November11, 2014</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>d</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Based on the latest am</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ndment </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>dated</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-GB face=arial,sans-serif>August 23</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>, 2014</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>e</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; MD Media&#8217;s subsidiary</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 49.05pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>f</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Infomedia&#8217;s subsidiary</FONT></P>

<a name="_bclFooter186"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-60</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_187"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader187"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 18.9pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SHORT-TERM LOANS AND CURRENT MATURITIES OF LONG-TERM BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 18.9pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>Current maturities of long-term borrowings</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19a</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>b&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>276</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,069</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19c</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>956&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,052</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12c.xi</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>648</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>571</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>093&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,899</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=X-NONE face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></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=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 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 face=arial,sans-serif></FONT>&nbsp;</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 19.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Long-term loans and other borrowings consist of the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,702</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,408</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,239</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,635</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,878</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=PL face=arial,sans-serif>Obligations under finance leases (Note 12c.xi)</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,321</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>14,731</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>15,743</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=X-NONE 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Scheduled principal payment</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> as of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>are as follow</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s:&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="58%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>9&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,408</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>188</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>169</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>239&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>220</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,878</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,490</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,826</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>656</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 style="FONT-SIZE: 10pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>574</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>601</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>592</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>571</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,880</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="30%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>15,743</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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3,297</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: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,913</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: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,606</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: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,616</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: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5,311</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: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.9pt; MARGIN: 0in 0in 0pt 19.35pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter187"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-61</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_188"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader188"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>LONG-TERM LOANS AND OTHER BORROWINGS (continued)</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=arial,sans-serif></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=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Two-step loans</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.9pt; MARGIN: 0in 0in 0pt 19.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Two-step loans are unsecured loans obtained by the Government from overseas banks which are then re-loaned to the Company. Loans obtained up to July 1994 are 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 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Lenders</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency (in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rupiah equivalent</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency (in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rupiah equivalent</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Overseas banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Yen</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>8,447</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>979</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7,679</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>796</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>438</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>429</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>381</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,615</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 7.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Current maturities (Note 18b)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><SUP><FONT style="FONT-SIZE: 12pt" face=arial,sans-serif></FONT></SUP>&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="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Long-term portion</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,702</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,408</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</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 align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Principal payment schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interest payment period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interest rate 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="32%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Yen</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3.10</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="32%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>8.50</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="32%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4.00</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE 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 face=arial,sans-serif>The loans were intended for the development of telecommunications infrastructure and supporting telecommunications equipment. The loans are due on various dates through 2024.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Company had used all facilities under the two-step loans program since 2008.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.45pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Under the loan covenants, 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 35.45pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.5pt; MARGIN: 0in 0in 0pt 52.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&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: -17.5pt; MARGIN: 0in 0in 0pt 52.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp;&nbsp; Internal financing (earnings before depreciation and finance costs) should exceed 20% compared to annual average capital expenditures for loans originating from the ADB.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.25pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2014, the Company has complied with the above-mentioned ratios.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 0.25pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter188"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-62</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_189"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader189"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp;&nbsp; Bonds and notes</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bonds and notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original currency </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bonds</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Series A</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,005</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,005</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Series B</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Medium Term Notes (&#8220;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>MTN</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>&#8221;)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>GSD</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> - </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Series A</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>220</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Promissory notes</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Huawei</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>213</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT ZTE Indonesia (&#8220;ZTE&#8221;)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>136</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>36</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,349</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3,308</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Current maturities (Note 18b)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(276</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(1,069</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Long-term portion</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,073</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,239</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.05pt; MARGIN: 0in 0in 0pt 26.9pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=X-NONE 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp; Bonds</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Listed</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Issuance</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Maturity</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>rate per</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bonds</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Principal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Issuer</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>on</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>annum</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Series A</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,005</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>IDX</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>June 25, 2010</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 6, 2015</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Quarterly</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9.60%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Series B</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,995</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>IDX</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>June 25, 2010</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 6, 2020</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Quarterly</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>10.20%</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.05pt; MARGIN: 0in 0in 0pt 26.9pt; VERTICAL-ALIGN: baseline"><B><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The bonds are secured by all of the Company&#8217;s assets, movable or non-movable, either existing or in the future (Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.x). The under writers of the bonds are PT Bahana Securities (&#8220;Bahana&#8221;), 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 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company received the proceeds from the issuance of bonds on July 6, 2010.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The funds received from the public offering of bonds net of issuance costs, were used to finance capital expenditures which consisted of wave broadband (bandwidth, softswitching, datacom, information technology and others) and infrastructure (backbone, metro network, regional metro junction, internet protocol, and satellite system) and to optimiz</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>e&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> legacy and supporting facilities (fixed wireline and wireless).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the rating of the bonds issued by PT Pemeringkat Efek Indonesia (Pefindo) is idAAA (stable outlook).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Based on the 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: -20.25pt; MARGIN: 0in 0in 0pt 75.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.&nbsp;&nbsp;&nbsp; Debt to equity ratio should not exceed 2:1.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.25pt; MARGIN: 0in 0in 0pt 75.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2.&nbsp;&nbsp;&nbsp; EBITDA to finance costs ratio should not be less than 5:1.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.25pt; MARGIN: 0in 0in 0pt 75.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3.&nbsp;&nbsp;&nbsp; Debt service coverage is at least 125%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company has complied with the above-mentioned ratios.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter189"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-63</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_190"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader190"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp; Bonds and notes (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>MTN&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Principal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Issuance date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Maturity date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interest payment period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>GSD</FONT><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Series A</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>220</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>November 14, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>November 14, 2019</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>emi-annually&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 11pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.3pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Based on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>greement of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>I</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ssuance and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ppointment of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>M</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>onitoring and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>I</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>nsurance </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>gents of Medium Term Notes </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>PT Graha Sarana Duta </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Y</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ear 2014 dated November 13, 2014 as covered by notarial deed N</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>o. 30 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of Arry Supratno, S.H.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, GSD will issue MTN with the principal amount up to Rp500 billion in series.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>PT Mandiri Sekuritas acts as the Arranger, Bank Mandiri as the Monitoring and Insurance Agent, and KSEI as the Custodian. The funds obtained from MTN are used for investment projects.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Trade receivables, inventories, land and building related with the investment development funded by the MTN that are owned or will be owned by GSD, have been pledged as collateral for MTN (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>N</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ote</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s7</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Under the agreement, GSD is requiredto comply with all covenants or restrictions including maintaining financial ratios as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 2.2pt; MARGIN: 0in 0in 0pt 53.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Debt to equity ratio should not exceed 6.5:1.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 2.9pt; MARGIN: 0in 0in 0pt 53.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>EBITDA to interest ratio should not be less than 1.2:1.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 2.9pt; MARGIN: 0in 0in 0pt 53.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Minimum current ratio is 120%.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.05in; MARGIN: 0in 0in 0pt 53.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Maximum leverage ratio is 450%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2014, GSD has complied with the above-mentioned ratios.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.45pt; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(ii</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)&nbsp; Promissory </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>n</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>otes&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></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=bottom width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Supplier</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Principal</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>* &nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(in </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>b</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>illions)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Issuance date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interest p</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ayment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Principal p</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ayment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="28%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Huawei</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.3</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>June 19, 2009</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6 month LIBOR+2.45%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="28%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.2</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>April 30, 2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(January 11, 2015 - July 30,2016)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6 month LIBOR+1.5%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="28%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>ZTE</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.1</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>August 20, 2009</FONT><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> </FONT></B><SUP><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>a</FONT></B></SUP></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(February 4, 2015 - February 4, 2017)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6 month LIBOR+1.5%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>* In original currency</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>a</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Based on </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>the latest amendment </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>dated</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>August 15, 2011</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Based on Agreement of Frame Supply and Deferred Payment Arrangement between the Company and each of ZTE and PT Huawei, the promissory notes issued by the Company to each of ZTE and PT&nbsp;Huawei are vendor financing facilities with no collateral covering 85% of Hand-over Report (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Berita Acara Serah Terima</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221;) projects with ZTE and PT Huawei.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -5.7pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -3.7pt; MARGIN: 0in 0in 0pt 34pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter190"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-64</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_191"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader191"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-INDENT: -14.15pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -14.15pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Bank loans</FONT></P>

<P style="TEXT-INDENT: -14.15pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="24%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Original</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rupiah</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rupiah</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Lenders</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>equivalent</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>equivalent</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BRI</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,035</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3,398</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Syndication of banks</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,426</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BNI</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,305</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,195</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bank Mandiri</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>722</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,750</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>The Bank of Tokyo-Mitsubishi</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>UFJ, L</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>td</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>600</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>365</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>567</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>ABN Amro Bank N.V. Stockholm (&#8220;AAB Stockholm&#8221;) and SCB</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>55</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>673</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>38</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Japan Bank for International Cooperation (&#8220;JBIC&#8221;)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>219</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>424</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BCA</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>858</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>373</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9,647</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>12,001</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Unamortized debt issuance cost</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(71</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9,591</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>11,930</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Current maturities (Note 18b)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(3,956</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(4,052</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="39%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Long-term portion</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5,635</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7,878</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.45pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>Other significant information relating to bank loans as of December 31, 2014 is as follows: </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Principal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>rate</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>per annum</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BRI</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 13, 2010<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> JIBOR+1.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>July 20, 2011<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Dayamitra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2017)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR+1.40% a</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>nd 3 months JIBOR+3.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(Note 1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>April 26, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>141</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2018)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>00</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment (Note 12) and Lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 30, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0.6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2021)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0.00</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), property and equipment (Note12), and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter191"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-65</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_192"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader192"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current period payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Principal payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest rate</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>per annum</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BRI (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 30, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>10.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2021)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables (Note 7), property and equipment (Note12), and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>November 20, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2015-2018)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+2.65%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 1, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Patrakom</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>10.95%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7), and property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 1, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Patrakom</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.0007</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.00008</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7), and property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Syndication of banks</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>June 16, 2009 (BNI and BRI)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>675</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2014)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+2.45%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 19, 2012 (BNI, BRI and Bank Mandiri)<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Dayamitra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2020)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+3.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables (Note 7), and property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BNI</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 13, 2010<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>286</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+1.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 23, 2011<SUP> a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>PINS</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>86</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+1.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7) and inventories (Note 8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>November 28, 2012<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8.8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7), and property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 13, 2013<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1 month</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JIBOR+3.35%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7), and property and equipment (Note 12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 26, 2013<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>receivables(Note 7), and property and equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter192"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-66</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_193"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader193"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Principal payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest payment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest rate</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></TD>

   <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 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>per annum</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BNI (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>May 2, 2013<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Sigma</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>313</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>236</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2021)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1 month JIBOR+3.35%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), and property and equipment (Note 12)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>November</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> 20, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2015-201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR+2.65%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>November 25, 2013<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Metra</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>90</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>30</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2016)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7) and property and equipment (Note 12)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>January</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> 10, 2014<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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>322</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>74</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2014-2022)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> month JIBOR+3.35%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), and property and equipment (Note 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>July 21, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Metra</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>40</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2015-2017)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>11.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), and property and equipment </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(Note </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>12</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>November 3</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4<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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Telkom Infratel</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1 month JIBOR+3.35%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>rade </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>eceivables (Note </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank Mandiri</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>July 9, 2009<SUP>b</SUP>and July 5, 2010<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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>472</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2009-2016)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR+1.00%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>November</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> 20, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,500</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2015-201</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3 months</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> JIBOR+2.65%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>None</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>The </FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>B</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>ank of Tokyo - Mitsubishi UFJ, Ltd.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>October 9, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Dayamitra</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>600</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Quarterly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2016-2019)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Quarterly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3 months JIBOR+2.4%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), and property and equipment </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(Note </FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>12</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank CIMB Niaga</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 21, 2007</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>e</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>21</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 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4.3</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2007-2015)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>quipment </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(Note 1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>July 28, 2009</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>f</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Balebat<SUP>h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.6&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2010-2015)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7), inventories (Note 8), and property and equipment (Note 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" lang=X-NONE 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>

<a name="_bclFooter193"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-67</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_194"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader194"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&nbsp;&nbsp; Bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.1pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility*</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</FONT></B></P></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current period payment</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(in billions)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Principal payment schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest rate 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank CIMB Niaga (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>May 24, 2010</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>f</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Balebat<SUP>h</SUP></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2010-2015)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>inventories (Note 8), and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 31, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.7&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2020)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 31, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2019)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 31, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2016)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>September 9, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3.9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2021)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>September 9, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3.2</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2015)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>75</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipmen</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>t&nbsp;</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>and lease agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>August 2, 2012</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>f</FONT></SUP></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Balebat<SUP>h</SUP></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3.00</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>inventories (Note 8), and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>September 20, 2012<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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TLT</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR +3.45%</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment (Note 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>September 20, 2012<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TLT</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2015-2030)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="18%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>October 10, 2012</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>f</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Balebat<SUP>h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2012-2015)</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>inventories (Note 8), and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>property and equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Note 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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter194"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-68</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_195"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader195"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>Bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.1pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility*</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current period Payment (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Principal payment schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Interest payment period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank CIMB Niaga (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>August 26, 2013</FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>f</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Balebat<SUP>h</SUP></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3.5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.7&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2013-2018)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>.00%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade receivables (Note 7),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>nventories (Note 8) and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>property and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>equipment (Note 12)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>AAB Stockholm and </FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>SCB&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 30, 2009<SUP>b&amp;</SUP></FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>c</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telkomsel</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.3</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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2011-2016)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6 months</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> LIBOR+0.82%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>JBIC</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 26, 2010<SUP>a&amp;</SUP></FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>d</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>US$</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.06</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>.01&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2010-2015)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4.56%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>March 28, 2013<SUP>a&amp;</SUP></FONT><SUP><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>g</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>0.03</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0.003</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2014-2019)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2.18% and 6 months LIBOR+1.20%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>BCA</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>July 9, 2009<SUP>b</SUP> and July 5, 2010<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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>44</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2009-2016)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR+1.00%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="17%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 16, 2010<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>TII</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Semi-annually</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quarterly</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3 months JIBOR+1.25%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 1pt" lang=EN-US 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 23.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The credit facilities were obtained by the Group for working capital purpose</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 23.4pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.35in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>* &nbsp; In original currency.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>a&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>As stated in the agreements, the Group</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> is</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif> required to comply with all covenants or restrictions such as dividend distribution, obtaining new loans, and maintaining financial ratios. As of</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>, the Group </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>has&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif> complied with all covenants or restrictions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>b&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>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 covenants and negative covenants 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 facility. The terms of the relevantagreements also contain default and cross default clauses. As of </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>, Telkomsel has complied with the above covenants.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>c</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Pursuant to the agreements with PT Ericsson Indonesia (&#8220;Ericsson Indonesia&#8221;) and Ericsson AB (Note 38a.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 (as &#8220;the original lender&#8221;, &#8220;the arranger&#8221;, &#8220;the facility agent&#8221; and &#8220;the EKN agent&#8221;), and 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 facilities 1, 2, and 3 amounting to US$117 million, US$106 million, and US$95 million, respectively. The availability period of facilities 1, 2, and 3 expired in July 2010, March 2011 and November 2011, respectively. In October 2011, EKN agreed to reduce the premium on the unused facility by US$3 million through a cash refund. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>d</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>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 facilities&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 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>e</FONT></SUP><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>Based on the latest amendment dated March 31,&nbsp;2011.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>f</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Based on the latest amendment dated</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> September 22, 2014</FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>g</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; In connection with the agreement with NEC Corporation Consortium and TE SubCom, the Company entered into a loan agreement with JBIC, for the procurement of goods and services from NEC Corporation Consortium and TE SubCom for the Southeast Asia Japan Cable System project. The facilities consist of facility&nbsp;A and facility&nbsp;B amounting to US$18.8 million and US$12.5 million, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 34.2pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>h</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; MD Media&#8217;s subsidiary.</FONT></P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter195"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-69</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_196"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader196"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>20.&nbsp; NON-CONTROLLING INTERESTS</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 18.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The details of non-controlling interests are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Non-controlling interests in net assets of subsidiaries as of December 31, 2013 and 2014:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>16,7</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>52&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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>18,03</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1&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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>58</FONT></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="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>9&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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>II&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Patrakom</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2</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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>16</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,901&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="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>18,286</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Non-controlling interests in net comprehensive income of subsidiaries for the years ended December 31, 2012, 2013 and 2014:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,532</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6,</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>211&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,740</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>TII</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Patrakom</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>GSD</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(6</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(7</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,545</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,227</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,757</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Material partly-owned subsidiary</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.5pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2013 and 2014, the non-controlling interest holds 35% ownership interest in Telkomsel (Note 1d) which is considered material to the Company.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.5pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The summarized financial information of Telkomsel is provided below. This information is based on amounts before inter-company eliminations.</FONT></P>

<a name="_bclFooter196"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-70</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_197"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader197"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>20</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>NON-CONTROLLING INTERESTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Summarized statements of financial position</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>16,603</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19,30</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>56,642</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"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>58,7</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>80&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(16,406</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(18,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>106&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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(8,971</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(8,4</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>57&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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total equity</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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>47,86</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>51,517</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Attributable to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Equity holders of parent</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>31,116</FONT></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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>33,486</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>16,752</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"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>18,03</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1&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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Summarized statement</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>comprehensive income</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></I></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Revenue</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>54,531</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>60,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>03</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1&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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>66,252</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(33,519)</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(36,761</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(40,584</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Other expenses</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(180</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Profit before tax</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>20,990</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>23,090</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>25,716</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Income tax expense - 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,264&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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(5,748</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(6,333</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Profit for the year from continuing operations</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15,726</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>17,342</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19,38</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3&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"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Other comprehensive income (expense) - 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>86</FONT></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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>404</FONT></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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(122</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> comprehensive income</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15,812</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>17,746</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19,26</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Attributable to non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,532</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,211</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,740</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Dividend paid to non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,591</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,675</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,464</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Summarized statements of cash flows</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Operating</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>26,229</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>29,602</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>30,863</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Investing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(13,527</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(14,444</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(11,052</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financing</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(12,191</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(14,789</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(15,563</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Net increase in cash and cash equivalents</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>511</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>369</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,248</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 5pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<a name="_bclFooter197"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-71</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_198"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader198"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>21.&nbsp; CAPITAL STOCK</FONT></B></P>

<P style="TEXT-INDENT: -21.3pt; MARGIN: 0in 0in 0pt 21.3pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 18.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The details of capital stock are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="50%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Description</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total paid-up 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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Series A Dwiwarna share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Series B shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>51,602,353,559</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>53.14</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,580</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>The Bank of New York Mellon Corporation*</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10,031,129,780</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10.33</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Directors (Note 1b):</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Indra Utoyo</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>27,540</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Honesti Basyir</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>540</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Priyantono Rudito</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>540</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sukardi Silalahi</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>540</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Public (individually less than 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>35,467,341,100</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>36.53</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,773</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>97,100,853,600</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>100.00</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,855</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Treasury stock (Note 23)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,699,142,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>185</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>100,799,996,400</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>100.00</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5,040</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.85pt; MARGIN: 0in 0in 0pt 32.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="50%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Description</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total paid-up 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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Series A Dwiwarna share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Series B shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>51,602,353,559</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>52.56</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,580</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>The Bank of New York Mellon Corporation*</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>9,472,920,180</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>9.65</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>474</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Directors (Note 1b):</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Dian Rachmawan</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>60,540</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>27,540</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Honesti Basyir</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>540</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Public (individually less than 5%)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>37,100,491,240</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>37.79</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,855</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>98,175,853,600</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>100.00</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,909</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Treasury stock (Note 23)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,624,142,800</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>131</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>100,799,996,400</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>100.00</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=X-NONE face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>*The Bank of New York Mellon Corporation serves as the </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>d</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>epositary of </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>registered ADS holders for the Company&#8217;s ADSs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter198"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-72</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_199"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader199"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; CAPITAL STOCK</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company&#8217;s Articles of Association.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 approved the distribution of cash dividend and special cash dividend for 2011 amounting to Rp6,031 billion (Rp62.79 per share) and Rp1,096 billion (Rp11.42 per share), respectively.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On June 22, 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>he Company paid the above-mentioned cash dividend and special cash dividend tota</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>l</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ling Rp7,127 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No.38 dated April 19, 2013 of Ashoya Ratam, S.H.,Mkn., the Company&#8217;s stockholders approved the distribution of cash dividend and special cash dividend for 2012 amounting to Rp7,068 billion (Rp73.82 per share) and Rp1,286 billion (Rp13.42 per share), respectively. On June 18, 2013, the Company paid the cash dividend and special cash dividend totalling Rp8,354 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Pursuant to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the AGM of Stockholders of the Company as stated in notarial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>deed&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> No.4 dated April </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of Ashoya Ratam,S.H.,MKn., the Company&#8217;s stockholders approved the distribution of cash dividend and special cash dividend for 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> amounting to Rp7,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>81</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3 billion (Rp80.46 per share) and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>13</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>0 billion (Rp21.94 per share), respectively. On </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>May&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 16, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company paid the cash dividend and special cash dividend totalling Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>943 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ADDITIONAL PAID-IN CAPITAL</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 6pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>The breakdown of additional paid-in capital is as follows:</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,446</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,446</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Excess of value over cost of selling 21</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>000</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>00</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0 shares under the treasury stock plan phase I</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>I&nbsp;</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif> (Note 2</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>576</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Excess of value over cost of selling </FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>211,290,500 </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>shares under the treasury stock plan phase I (Note 23)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>544</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>544</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Excess of value over cost of treasury stock </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>for employee stock ownership program (Note 23)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>228</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>228</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="61%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Capitalization into 746,666,640 Series B shares in 1999</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="61%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>84</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,421</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter199"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-73</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_200"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader200"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TREASURY STOCK</FONT></B></P>

<P style="TEXT-INDENT: -21.3pt; MARGIN: 0in 0in 0pt 21.3pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="39%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Maximum Purchase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Phase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Basis</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Number of Shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>I</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>EGM</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>December 21, 2005 - June 20, 2007</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,007,999,964</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp5,250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>II</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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>AGM</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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>June 29, 2007 - December 28, 2008</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>215,000,000</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp2,000</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="FONT-SIZE: 7pt" 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>III</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>AGM</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>June 20, 2008 - December 20, 2009</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>339,443,313</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>BAPEPAM - LK</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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>October 13, 2008 - January 12, 2009</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,031,999,856</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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp3,000</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="FONT-SIZE: 7pt" 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>IV</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>AGM</FONT></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="FONT-SIZE: 7pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>May 19, 2011 - November&nbsp;20, 2012</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>645,161,290</FONT></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="FONT-SIZE: 7pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Rp5,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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 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 face=arial,sans-serif>Movements in treasury stock as a result of the repurchase of shares are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="35%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="34%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Number of shares*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Number of shares*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Beginning balance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,054,652,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5.01</FONT></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="FONT-SIZE: 7pt" 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" face=arial,sans-serif>8,067</FONT></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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,699,142,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3.67</FONT></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="FONT-SIZE: 7pt" 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" face=arial,sans-serif>5,805</FONT></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="FONT-SIZE: 7pt" 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=bottom width="30%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Transfer to employees stock ownership program</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(299,057,000</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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-SIZE: 7pt" face=arial,sans-serif>(0.29</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>(433</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></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-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="30%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Sale of treasury stock</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,056,452,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 7pt" face=arial,sans-serif>(1.05</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(1,829</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 7pt" face=arial,sans-serif>(1,075,000,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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="FONT-SIZE: 7pt" face=arial,sans-serif>(1.07</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(1,969</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="30%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,699,142,800</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="FONT-SIZE: 7pt" face=arial,sans-serif></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3.67</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="FONT-SIZE: 7pt" face=arial,sans-serif></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,805</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="FONT-SIZE: 7pt" face=arial,sans-serif></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,624,142,800</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="FONT-SIZE: 7pt" face=arial,sans-serif></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2.60</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,836</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="FONT-SIZE: 7pt" face=arial,sans-serif></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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; * After stock split (Note 1c)</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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Pursuant to the AGM of Stockholders of the Company held on June 11, 2010, the stockholders approved the change in the Company&#8217;s plan for treasury stock phases I, II, and III to become: (i) for reissuance inside or outside the stock exchange, (ii) for retirement of the stock by deducting from equity, (iii) for equity stock conversion and (iv) for funding purposes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Pursuant to the AGM of Stockholders of the Company held on May 19, 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>tockholders approved to execute the repurchase plan for treasury stock </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>p</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>hase IV.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>In 2012, the Company bought back 237,270,500 shares </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(equal to 1,186,352,500 shares after stock split) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>public (</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>part of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>stock repurchase program </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>p</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>hase IV) for Rp 1,744 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>In the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>AGM&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> on April 19, 2013, the Company's stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the implementation of the Employee Stock Ownership Program (&#8220;ESOP&#8221;) for the year 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On May 31, 2013, the Company offered all its eligible employees and those of its subsidiaries (collectively referred to as the &#8220;participants&#8221;), the right to purchase a fixed number of its shares at a certain price. The shares became an entitlement of the employees on the transaction dates and were not longer conditional on the satisfaction of any vesting conditions. Shares which were held by employees through the ESOP had a lock-up period that varied from 0 up to 12 months, depending on the position of the employee.</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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>In the lock-up period, participants could not transfer shares or have shares transactions either through or outside the stock exchange. </FONT></P>

<P style="TEXT-INDENT: -21.3pt; MARGIN: 0in 0in 0pt 21.3pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Price per share offered was Rp10,714 and each participant received allowance (discount) of Rp5,575&nbsp;per share. At the closing of this program, the Company had transferred a part of the treasury stock phase III to employees totalling 59,811,400 shares (equivalent to 299,057,000 shares after the stock split) with fair value amounting to Rp661 billion. The excess amounting to Rp228 billion in value of the treasury stock transferred over their acquisition cost was recorded as additional paid-in capital (Note 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>). &nbsp;</FONT></P>

<a name="_bclFooter200"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-74</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_201"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader201"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TREASURY STOCK (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The difference amounting to Rp353 billion between the fair value of treasury stock and amount paid by the participants was recorded as part of &#8220;Personnel Expense&#8221; in the 2013 consolidated statement of comprehensive income. </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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On July 30, 2013, the Company resold 211,290,500 shares (equal to 1,056,452,500 shares after stock split) of treasury stock phase I with fair value amounting to Rp2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,368 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (net of related costs to sell the shares)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. The excess amounting to Rp544 billion in value of the treasury shares sold over their acquisition cost was recorded as additional paid-in capital(Note 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>On </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>June 13</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company resold </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>215,000,000&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> shares (equal to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,075,000,000&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> shares after stock split) of treasury stock phase </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>II&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> with fair value amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2,541 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion(net of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>related&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> coststo sell the shares). The excess amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>576&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital (Note&nbsp;2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>OTHER RESERVES </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>160&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp184 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion as of December 31, 2013 and 2014, respectively. The amount reclassified to profit or loss for the years ended December 31, 2012, 2013 and 2014 amounted to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>nil</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, Rp9 billion and Rpnil, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>38&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>39billion as of December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>respectively. The amounts reclassified to profit or loss for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2013 and 2014 amounted to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rpnil, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp4 billion and Rpnil, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.15pt 0pt 0in"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; BASIC AND DILUTED EARNINGS PER SHARE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Basic earnings per share is computed by dividing profit for the year attributable to owners of the parent company amounting to Rp12,621 billion, Rp14,046 billion and Rp14,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>437&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion by the weighted average number of shares outstanding during the year totalling 96,011,315,505 shares, 96,358,660,797 shares and 97,695,785,107 shares for the years ended December 31, 2012, 2013 and 2014, respectively. The weighted average number of shares takes into account the weighted average effect of changes in treasury stock transactions during the year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Basic earnings per share amounted to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Rp131.45,Rp14</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>77 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and Rp147.78 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for the years ended December 31,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 2012,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively. The Company does not have potentially dilutive financial instruments as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</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>

<a name="_bclFooter201"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-75</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_202"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader202"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>26.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>REVENUES&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Telephone revenues</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Cellular</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Usage 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29,477</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=FR face=arial,sans-serif>30,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>722&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>32,972</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Features</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>558</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>686</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>751</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Monthly subscription 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>730</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>567</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-total</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>30,731</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>32,1</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>38&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>34,290</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Fixed lines</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Usage charges</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,323</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,453</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5,347</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Monthly subscription 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,805</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,682</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,697</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Call center</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>228</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>324</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>736</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Installation 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Others</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>194</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>70</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-total</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10,662</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>9,701</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8,881</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Total telephone revenues</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>41,393</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>41,839</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>43,171</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Interconnection revenues</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Domestic interconnection</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,618</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,971</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,908</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>International interconnection</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,655</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,872</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>i</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>nterconnection </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>r</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>evenues&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,273</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,843</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4,708</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Data, </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>i</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>nternet and </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>i</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>nformation </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>t</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>echnology&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif> service revenues</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Internet, data communication and information technology services</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5,</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>674&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>9,267&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>23,550</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Short Messaging Services (&#8220;SMS&#8221;)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12,631</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>13,134</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>14,034</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>E-business</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>55</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>83</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>103</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Voice over Internet Protocol (&#8220;VoIP&#8221;)</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>81</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>119</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif> data, internet and information technology s</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>ervice </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>r</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>evenues&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8,</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>441&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,603&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>37,712</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Network revenues</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Satellite transponder lease</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>384</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>392</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>670</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Leased lines</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>824</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>861</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>610</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>n</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>etwork </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>r</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>evenues&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,208</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,253</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,280</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Other telecommunication</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>s&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif> service revenues</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Leases</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>401</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>661</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>777</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>CPE and terminal</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>184</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>643</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Directory assistance</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>295</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>308</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>263</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>USO compensation</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>181</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>E-health</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>91</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>125</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>165</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Pay TV</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>405</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>274</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>E-</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>p</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>ayment&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>28</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>53</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>74</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>249</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>316</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>62</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>o</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>ther </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>t</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>elecommunications </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>s</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>ervice&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif> r</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>evenues&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,812</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,429</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,825</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>T</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>otal revenues</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>77,127</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>967&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>89,696</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" color=black face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE color=black face=arial,sans-serif> for details of related party transactions.</FONT></P>

<a name="_bclFooter202"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-76</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_203"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader203"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; </FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>SERVICE CONCESSION ARRANGEMENT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>The Ministry of Communication and Information (&#8220;MoCI&#8221;) issued Regulation No.15/PER/M.KOMINFO/9/2005 dated September 30, 2005, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 and Decree No.05/PER/M.KOMINFO/2/2007 dated February 28, 2007, the contribution was changed to 1.25% of gross revenues, net of bad debts and/or interconnection charges and/orconnectioncharges. Subsequently,in December 2012, Decree No. 05/PER/M.KOMINFO/2/2007 was replaced by Decree No. 45 year 2012 of the MoCI which was effective from January 22, 2013. The latest Decree stipulates, among other things, the exclusion of certain revenues that are not considered as part of gross revenues as a basis to calculate the USO charged, and changed the payment period which was previously on a quarterly basis to become quarterly or semi-annually.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Based </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>MoCI Decree No. 32/PER/M.KOMINFO/10/2008 dated October 10, 2008 (as amended by Decree No.03/PER/M.KOMINFO/2/2010 dated February 1, 2010) which replaced MoCI Decree No.11/PER/M.KOMINFO/04/2007 dated April 13, 2007 and MoCI Decree No. 38/PER/M.KOMINFO/9/2007 dated September 20, 2007, it is stipulated that, among others, in providing telecommunication access and services in rural areas (USO Program), the provider is determined through a selection process b</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>y </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Balai Telekomunikasi dan Informatika Pedesaan </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(&#8220;BTIP&#8221;) which was established based on MoCI Decree No.35/PER/M.KOMINFO/11/2006 dated November 30, 2006. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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=IN face=arial,sans-serif>Balai Penyedia dan Pengelola Pembiayaan Telekomunikasi dan Informatika</FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (&#8220;BPPPTI&#8221;).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>a.&nbsp; The Company</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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 face=arial,sans-serif>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 Sumatra, North Sulawesi, Gorontalo, Central Sulawesi, West Sulawesi, South Sulawesi and South East Sulawesi.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>b.&nbsp; Telkomsel</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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 face=arial,sans-serif>On January 16 and 23, 2009, Telkomsel was selected in a tender by the Government through BTIP to provide telecommunication access and services in rural areas (USO&nbsp;Program) for a total amount of Rp1.66 trillion, covering all Indonesian territories except Sulawesi, Maluku and Papua. Accordingly, Telkomsel obtained local fixed-line licenses and the right to use radio frequency in the 2390 MHz - 2400 MHz bandwith.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Subsequently, in 2010 and 2011, the agreements with BTIP were amended, which amendments cover, among other things, changing the price to Rp1.76 trillion and changing the term of payment from quarterly to monthly or quarterly.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In January 2010, the MoCI granted Telkomsel operating licenses to provide local fixed-line services under the USO program.</FONT></P>

<a name="_bclFooter203"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-77</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_204"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader204"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>27.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>SERVICE CONCESSION ARRANGEMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="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="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>b.&nbsp; Telkomsel (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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 face=arial,sans-serif>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) of &#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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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 face=arial,sans-serif>On March 31, 2014, the USO program</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> packages</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 1,2,3,6 and 7 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ceased.On </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>September </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8, 2014, Telkomsel filed an arbitration claim with the Indonesia</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>n&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> National Board of Arbitration for the settlement of the outstanding receivable</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> from BPPPTI. As of December 31, 2014, the outstanding receivable balance from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the USO program</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> amounted to Rp108 billion. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of the date of approval and authorization for the issuance of the consolidated financial statements,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the arbitration claim</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> is</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> still in process.</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 0.3in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>For the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 2014,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the Company and Telkomsel recognized the following amounts:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.74%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 22.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Construction</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>245</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>67</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Operation of telecommunication service centre</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>353</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>180</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Profits (losses)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Construction</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Operation of telecommunication service centre</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>83</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>150</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(139)</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>, the Company&#8217;s and Telkomsel&#8217;s trade receivables from the USO program which are measured at amortized cost using the effective interest method amounted to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>654&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> billion </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and Rp655</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, respectively </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(Notes </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> and 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>).&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>28</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PERSONNEL EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of personnel expenses is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Salaries and related benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,257</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,55</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,759</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Vacation pay, incentives and other benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,400</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>252&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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,182</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Employees&#8217; income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,160</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,317</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ension benefit cost (Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>831</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>988</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>643</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ost-employment health care</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> benefit </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>cost (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>33</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>246</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>382</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>248</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Housing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>200</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>220</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>LSA expense (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>34</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>121</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>115</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>83</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>92</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>98</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other employee benefit</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>s cost (Note 33)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>35</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>O</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ther post-employment benefit cost (Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>42</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>41</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>48</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Early retirement program</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>699</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>107</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6&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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>9,960</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>9,82</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9&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"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,776</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: 5pt; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<a name="_bclFooter204"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-78</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_205"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader205"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>29.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICE EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of operations, maintenance and telecommunication service expenses isas follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Operations and maintenance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>9,012</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>667&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" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12,583</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Radio frequency usage charges (Notes 3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8c.i&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and 38c.ii</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,002</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Concession fees and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>USO</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>harges&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,59</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&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" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,818</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Electricity, gas and water</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>879</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,063</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,180</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cost of set top box</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>es</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>, SIM and RUIM cards (Note 8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>687</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Leased lines and CPE</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>758</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Vehicles rental and supporting facilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>581</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cost of IT services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>677</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>357</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>374</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>335</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Project management</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>102</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>13</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>180</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (each below Rp75 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>76</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>16,79</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19,332</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>22,288</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif></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=arial,sans-serif>30.&nbsp; GENERAL AND ADMINISTRATIVE EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of general and administrative expenses is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>General expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>675</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>967</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for impairment of receivables (Note 7d)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,5</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>89&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>784</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Training, education and recruitment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12&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" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Collection expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>341</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>340</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>369</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Travelling</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>341</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Professional fees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>187</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>266</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Meetings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>138</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Security and screening</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>93</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Social contribution</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>129</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>85</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Others</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (each below Rp75 billion)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>332</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>036&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,155</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,963</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=IN 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; INTERCONNECTION EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE 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 face=arial,sans-serif>The breakdown of interconnection expenses is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Domestic interconnection and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>access&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,464</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,639</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>International interconnection</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,254</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,667</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,92</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,893</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE 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 face=arial,sans-serif>Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for details of related party transactions.</FONT></P>

<a name="_bclFooter205"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-79</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_206"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader206"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION&nbsp;</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>a.&nbsp;&nbsp; Prepaid income taxes</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of prepaid income taxes is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company - c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>orporate income tax</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-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sub</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>si</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>diaries&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> - corporate income tax</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-SIZE: 10pt" lang=IN face=arial,sans-serif>96</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>391</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</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-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>451</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current portion</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-SIZE: 10pt" face=arial,sans-serif>(58</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(28</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current portion (Note 13)</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-SIZE: 10pt" face=arial,sans-serif>38</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>423</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>b.&nbsp;&nbsp; Prepaid other taxes</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The breakdown of prepaid other taxes is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.42%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company - Value Added Tax (&#8220;VAT&#8221;)</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-SIZE: 10pt" face=arial,sans-serif>142</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>298</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ubsidiaries:&nbsp;</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-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>VAT</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-SIZE: 10pt" face=arial,sans-serif>751</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,140</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 23 - Withholding tax on services delivery</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-SIZE: 10pt" face=arial,sans-serif>35</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Import duties</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</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-SIZE: 10pt" face=arial,sans-serif>938</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,475</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current portion</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(477</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(1,153</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current portion (Note 13)</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>461</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>322</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="FONT-SIZE: 10pt" face=arial,sans-serif></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 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 face=arial,sans-serif>c.&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Current income tax liabilities</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The breakdown of current income tax liabilities is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 13pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></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" 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="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 25 - Installment of corporate income tax</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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 29 - Corporate income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ubsidiaries:&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="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 25 - Installment of corporate income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>483</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 29 - Corporate income tax</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>957</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>942</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,501</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter206"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-80</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_207"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader207"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 13pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>TAXATION&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>d.&nbsp;&nbsp; Other tax liabilities</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE 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 face=arial,sans-serif>The breakdown of other tax liabilities is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company:</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-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 4 (2) - Final tax</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>27</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 21 - Individual income tax</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 22 - Withholding tax on goods delivery and import</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 23 - Withholding tax on services</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 26 - Withholding tax on non-resident income</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-SIZE: 10pt" face=arial,sans-serif>1</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>VAT</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-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>197</FONT></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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>VAT - Tax Collector</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-SIZE: 10pt" lang=IN face=arial,sans-serif>247</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>257</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>504</FONT></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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>S</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ubsidiaries:&nbsp;</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-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 4 (2) - Final tax</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-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>81</FONT></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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 21 - Individual income tax</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-SIZE: 10pt" face=arial,sans-serif>82</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>97</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 23 - Withholding tax on services</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Article 26 - Withholding tax on non-resident income</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-SIZE: 10pt" face=arial,sans-serif>16</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>28</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>VAT</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>77</FONT></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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>252</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>355</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>756</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>875</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="FONT-SIZE: 10pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US 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 face=arial,sans-serif>e.&nbsp;&nbsp; The components of income tax expense (benefit) are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>78&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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>909</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>822</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Subsidiaries</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,750</FONT></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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,086</FONT></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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,794</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Sub-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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,628</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,995</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,616</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Deferred</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(461</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(113</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>74&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Subsidiaries</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(281</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(742</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(275</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5,886</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>900&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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,341</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter207"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-81</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_208"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader208"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>f.&nbsp;&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 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 face=arial,sans-serif>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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Profit before income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>24,027</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>27,030</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>28,579</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(913</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(1,7</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>80&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(2,334</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>23,114</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>25,2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>50&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>26,245</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Income tax expense 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>23&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,050</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,249</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Difference in applicable statutory tax rate for subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,050</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,213</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,236</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Non-deductible expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>392</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>567</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>512</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Final income tax expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>93</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>68&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Realization on sale of long-term investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(100</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Defer</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ed tax assets that cannot be utilized - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>84</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>94</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(231</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(7</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>82</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,886</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,900</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,341</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><SUP><B><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT></B></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The computations of the net income tax expense for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Estimated taxable income of the Company</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,209</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4,241</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3,687</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Corporate income tax:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>842</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>848</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>73</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8&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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,7</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>34&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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,0</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>54&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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,7</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>10&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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Final tax expense:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>36</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>84</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Subsidiaries</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>16</FONT></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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>84</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total income tax expense - current</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,628</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="FONT-SIZE: 10pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,995</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,616</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 3pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter208"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-82</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_209"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader209"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>32.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 6pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>f.&nbsp;&nbsp;&nbsp; Reconciliation of income tax expense </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 96.64%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Income tax (benefit) expense - deferred - effect of temporary differences at enacted maximum tax rates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amortization of intangible assets, land rights and others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Depreciation and gain on 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(348</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(38</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(8</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Realization </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>of accrual </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(accru</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>al</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>of&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> expenses and inventory writ</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-off (provision for </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>inventory </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>obsolescence)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>rade receivables</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> write</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>off (p</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>rovision&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> for impairment of receivables)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>58</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(170</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(73</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net periodic post-employment benefits costs and provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(94</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Amortization </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(addition&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) d</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>eferred installation fee</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(16</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Valuation of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>l</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ong-term investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>70</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Realization </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>of accrual </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(accru</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>al</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) of early</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> retirement benefits</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(461</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(113</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(174</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Charges from leasing transactions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>98</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>133</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Depreciation 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(156</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(44</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(27</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>rade receivables</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> write</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>off (p</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>rovision&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> for impairment of receivables)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amortization of license</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>19</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Accounts receivable - Government</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(254</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(20</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Subsidiaries - others - 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net income tax benefit - deferred</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(742</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(95</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(275</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Income tax expense - 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,886</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,900</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,341</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter209"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-83</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_210"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader210"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>f.&nbsp;&nbsp;&nbsp; Reconciliation of income tax expense (continued) </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE 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 face=arial,sans-serif>Tax Law No. 36/2008 which is further regulated in Government Regulation No. 77/2013 stipulates a reduction of 5% from the top rate applicable to qualifying listed companies, for those whose stocks are traded in the IDX which meet the prescribed criteria that the public owns 40% or more of the total fully paid and traded shares, and such shares are owned by at least 300 parties, with each party owning less than 5% of the total paid-up shares. These requirements must be met by a company for a period of 183 days in one tax year. The Company has met all of the required criteria; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>therefore, for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>purpose of calculating income tax expense and liabilities for the financial reporting periods </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the Company has </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>reduced the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> applicable tax rate by 5%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Company applied the tax rate of 20% for the years ended December 31, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. The subsidiaries applied the tax rate of 25% for the years ended December 31, 2012, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Company will submit the above corporate income tax computation in its income tax return (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Surat Pemberitahuan Tahunan</FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8221; or &#8220;Annual SPT&#8221;) for the fiscal year 2014 that will be reported to the tax office based on prevailing regulations. The amount of corporate income tax for the year ended December 31, 2013 agreed with what was reported in the Annual SPT.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>g.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; Tax assessments </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>In November 2013, the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>C</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ompany received </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ax </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>sses</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ment&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> letters</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; (</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>SKPKBs</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) No. 00056/207/07/093/13 to No.00065/207/07/093/13</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, all </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>dated November 15, 2013, for the underpayment of VAT for the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>periods&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Januar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>y - </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>September and November 2007</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> amounting to Rp142 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On January 20, 2014, the Company filed its objection to the SKPKBs with the Tax Authorities.The Company</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> has received </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> rejection </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of its </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>objection through the decree</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of the Directorate General of Tax (&#8220;DGT&#8221;) No. 2498 to 2504 and 2541 to 2543/WPJ.19/2014dated December 16 and 18, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. The Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>accepted the assessment on the underpayment</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of VAT amounting to Rp22 billion (including penalty </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp10 billion). </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The accepted portion was</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> charged to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the 2014 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>statement of comprehensive income</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company plans to file an appeal to the rejection of the objection on underpayment of VAT on interconnections</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of the date of approval and authorization for the issuance of the consolidated financial statements, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the Company is still in the process of filing</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> appeal.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>In November 2014, the Company received SKPKBs as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>result of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> tax audit for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>fiscal year 2011 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Tax Authorities</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. Based on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the letters</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>u</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>nderpaid </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>VAT for the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> tax period January </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>until&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> December 2011 amount</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to Rp182.5 billion (includ</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> penalty </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp60 billion) and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>corporatei</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ncome tax </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 2011 amount</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to Rp2.8 billion (includ</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> penalty </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp929 million). The Company has paid the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>assessments</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The accepted portion on the underpayment of VAT amounting to Rp4.7 billion (including penalty of Rp2 billion) was charged to the 2014 consolidated statement of comprehensive income</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> portion of VAT </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>on i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>nterconnection amount</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Rp178 billion (includ</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> penalty </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp58 billion)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> is</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> recognized as claim for tax refund. The Company</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> has</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> submitted </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to the Tax Authorities </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>objectionto the tax assessment result in regard to the underpayment of VAT related to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>nterconnection transactions for 2011. As of the date of approval and authorization for the issuance of the consolidated financial statements, the objection is still in process.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0in"><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter210"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-84</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_211"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader211"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION (continued)</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>g.&nbsp;&nbsp; Tax assessments (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>(ii)&nbsp;&nbsp; Telkomsel</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>On April 21, 2010, 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 request to cancel the Tax Collection Letter (STP) for the underpayment of its December 2008 Income Tax Article 25 amounting to Rp429 billion (including penalty of Rp8 billion). In May 2010, Telkomsel fi</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>led&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> a contra-appeal to the SC. As of the date of approval and authorization for the issuance of the consolidated financial statements, the judicial review is still in process.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>On August 10, 2010, the Tax Authorities filed a judicial review request to the SC for the Tax Court&#8217;s acceptance of Telkomsel&#8217;s appeal on the 2004 and 2005 assessments for VAT totalling Rp215 billion. In September 2010, Telkomsel filed a contra-appeal to the SC. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Based on its verdict which was received in </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>J</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>une 2014, the SC decided to reject the request from the </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ax </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>A</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>uthorities. The SC verdict is legally binding in favor of Telkomsel.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE 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 face=arial,sans-serif>In May and June 2012, Telkomsel received the refund of penalty on its 2010 Income Tax Article 25 underpayment amounting to Rp15.7 billion based on the Tax Court&#8217;s verdict. On July 17, 2012, the Tax Authorities filed a judicial review request to the SC on the Tax Court&#8217;s verdict. On September 14, 2012, Telkomsel filed a contra-appeal to the SC. As of the date of approval and authorization for the issuance of the consolidated financial statements, the judicial review is still in process. </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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On March 12, 2012, Telkomsel received assessment letters as a result of the tax audit for the fiscal year 2010 by the Tax Authorities. Based on the letters, Telkomsel overpaid corporate income tax and underpaid VAT amounting to Rp597.4 billion and Rp302.7 billion (including penalty of Rp73.3 billion), respectively. Telkomsel accepted the assessment on the overpayment of corporate income tax and Rp12.1 billion of the underpayment of the VAT (including penalty of Rp6.3 billion). The accepted underpayment portion was charged to the 2012 consolidated statement of comprehensive income. On April 5, 2012, Telkomsel received the refund for the overpayment of corporate income tax for fiscal year 2010 amounting to Rp294.7 billion, net of underpayment of VAT of Rp302.7 billion (including penalty). On May 24, 2012, Telkomsel filed an objection to the Tax Authorities for the assessment on the underpayment of VAT of Rp290.6 billion (including penalty of Rp67 billion) and recorded it as a claim for tax refund. On May 1, 2013, the Tax Authorities rejected Telkomsel&#8217;s objection. Subsequently, on July 29, 2013, Telkomsel filed an appeal to the Tax Court. As of the date of approval and authorization for the issuance of the consolidated financial statements, the appeal is still in process.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In December 2013, the Tax Court accepted Telkomsel&#8217;s appeal to the assessment for 2006 VAT and withholding taxes totalling Rp116 billion. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>In February 2014, Telkomsel received the refund. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>On January 22, 2014, Telkomsel received the verdict from the Tax Court concerning the former&#8217;s claim for tax refund for import duties. Based on its verdict, the Tax Court accepted the portion of Telkomsel&#8217;s claim. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>In February 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, Telkomsel submitted a request to refund the accepted portion of the claim amounting to Rp8.5 billion.On September 30, 2014, Telkomsel received&nbsp; a partial refund of the claim for import duties amounting to Rp587 million (including penalty of Rp579 million). Subsequently, on October 2, 2014, Telkomsel received the remaining claim amounting to Rp7.92 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter211"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-85</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_212"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader212"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></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=arial,sans-serif>g.&nbsp;&nbsp; Tax assessments (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>(ii)&nbsp;&nbsp; Telkomsel </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>On November 7, 2014, Telkomsel received assessment letters as a result of the tax audit for the fiscal year 2011 by the Tax Authorities. Based on the letters, Telkomsel underpaid corporate income tax, VAT and withholding tax amounting to Rp257.8 billion, Rp2.9 billion and Rp2.2 billion (including penalty of Rp85.3 billion), respectively. Telkomsel accepted the assessment of Rp7.8 billion of the underpayment of corporate income tax, Rp1 billion of the underpayment of VAT and Rp2.2 billion of the underpayment of withholding tax (including penalty of Rp3.5 billion). The accepted portion was charged to the 2014 consolidated statement of comprehensive income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>In December 2014, Telkomsel paid the assessment and filed an objection </FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>to the Tax Authorities for the assessment for the underpayment of corporate income tax of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>250 billion (including penalty of Rp81.1 billion), which Telkomsel recorded as a claim for tax refund. In February 2015, Management had already filed an objection for the assessment on the underpayment of VAT. As of the date of approval and authorization for the issuance of the consolidated financial statements, the objection on the corporate income tax and VAT assessment is still in process. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE 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 face=arial,sans-serif>Telkomsel is of the opinion that tax position is possible to be sustained upon examination in the Tax Court.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>h.&nbsp;&nbsp; Deferred tax assets and liabilities</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>The details of deferred tax assets and liabilities are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>January 1,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> 2013</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Charged) credited to the</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>consolidated statement of</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>comprehensive</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> i</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>ncome&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Recognized in other</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>comprehensive incom</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>e&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Acquisition</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> a</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>nd&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>divestment</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> of subsidiary</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 31, 2013</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>The Company</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><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Deferred tax assets:</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><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for impairment of receivables</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" lang=IN face=arial,sans-serif>276</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>446</FONT></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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Net periodic pension and other post-employment benefit cost</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: 7pt" face=arial,sans-serif>851</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>48</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(558</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>341</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for employee benefits</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" face=arial,sans-serif>173</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Deferred installation fee</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: 7pt" face=arial,sans-serif>54</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>16</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>70</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Accrued expenses and provision for inventory obsolescence</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" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Finance leases</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: 7pt" face=arial,sans-serif>(64</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>73</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>9</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for early retirement expense</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax assets</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: 7pt" face=arial,sans-serif>1,452</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(558</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,036</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Deferred tax liabilities:</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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Difference between accounting and tax property and equipment net carrying value</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: 7pt" face=arial,sans-serif>(1,581</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>38</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(1,543</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Valuation of long-term investment</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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Land rights, intangible assets and 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" face=arial,sans-serif>3</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax liabilities</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,595&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>(29</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,624</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Net deferred tax liabilities</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><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(143</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>113</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(558</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(588</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telkomsel</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><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Deferred tax assets:</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><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for employee benefits</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" face=arial,sans-serif>297</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for impairment of receivables</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: 7pt" face=arial,sans-serif>117</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>121</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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Recognition of interest under USO arrangements</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax assets</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: 7pt" face=arial,sans-serif>420</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>42</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>134&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>28&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="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<a name="_bclFooter212"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-86</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_213"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader213"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION (continued)</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>h.&nbsp;&nbsp; Deferred tax assets and liabilities (continued)</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>January 1, 2013</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="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(Charged) credited to the</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>consolidated statement of</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>comprehensive income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Recognized in other</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>comprehensive income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Acquisition</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> and</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>divestment of subsidiary</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="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>December 31, 2013</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="FONT-SIZE: 7pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Telkomsel (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Deferred tax liabilities:</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><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Difference between accounting and tax property and equipment net carrying value</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: 7pt" face=arial,sans-serif>(2,363</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>95</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="FONT-SIZE: 7pt" 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" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>(2,268</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Finance leases</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" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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" lang=IN face=arial,sans-serif>(98</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>121&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>License amortization</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: 7pt" face=arial,sans-serif>(43</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>(19</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>62&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax liabilities</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(2,429</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,451&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Net deferred tax liabilities of Telkomsel</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: 7pt" face=arial,sans-serif>(2,009</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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>20</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="FONT-SIZE: 7pt" 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" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>134&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" lang=IN 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" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,123&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Net deferred tax liabilities of the other subsidiaries</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(100</FONT></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="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8&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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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: 7pt" face=arial,sans-serif>(19</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax liabilities</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>252&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"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5&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"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(696</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>908&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"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="36%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total deferred tax assets of other subsidiaries</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>102</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="FONT-SIZE: 7pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0&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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(80</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>January 1, 2014</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(Charged) credited to the consolidated</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>statement of comprehensive income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Recognized in other</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>comprehensive incom</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>e&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"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>December 31, 201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>The Company</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Deferred tax assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Provision for impairment of receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>446</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>470</FONT></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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Net periodic pension and other post-employment benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>341</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>4&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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(85</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>330</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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Accrued expenses and provision for inventory obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>76</FONT></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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>143</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(71</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>72</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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Deferred </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>installation&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif> fee</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>1,0</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>36&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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(85</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>1,042</FONT></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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Difference between accounting and tax property and equipment net carrying value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>543&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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>5&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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,45</FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>8&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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Valuation of </FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>l</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>ong-term </FONT><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>nvestment&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(70</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(69</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Land rights, intangible assets and 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,624</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>3&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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,54</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Net deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(588</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>174</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(85</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(499</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Telkomsel</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Deferred tax assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>20</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>27</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>40</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>274</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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>121</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>129</FONT></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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>28&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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>35</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>40</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>403</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="FONT-SIZE: 7pt" lang=DE 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Difference between accounting and tax property and equipment net carrying value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,268&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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,044</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>121&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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(133</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(254</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>License amortization</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>62&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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>1</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,451&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>92</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; 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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; 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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,359</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Net deferred tax liabilities of Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,123&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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>40</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="FONT-SIZE: 7pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,956</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Net deferred tax liabilities of the other subsidiaries</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(19</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(248</FONT></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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax liabilities</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>(2,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>908&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"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>250</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(45</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,703</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="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>Total deferred tax assets of other subsidiaries</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>6</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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"><FONT style="FONT-SIZE: 7pt" lang=DE 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>25</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>3</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif>95</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="FONT-SIZE: 7pt" lang=DE face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter213"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-87</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_214"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader214"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TAXATION </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>h.&nbsp;&nbsp; Deferred tax assets and liabilities (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2013 and 2014, the aggregate amounts of temporary differences associated with investments in subsidiaries and associated companies, for which deferred tax liabilities have not been recognized were Rp24</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>542 billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>27,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>029 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Realization of the deferred tax assets is dependent upon the Group&#8217;s capability in generating future profitable operations. Although realization is not assured, the Group believes 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 can 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="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>i.&nbsp;&nbsp;&nbsp;&nbsp; Administration </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.6pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>From</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 2008 to 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company has been consecutively entitled to income tax rate reduction of 5% for meeting the requirements in accordance with 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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company calculated deferred tax using the tax rate of 20%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.6pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The taxation laws of Indonesia require that </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Company and its local subsidiaries</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> submit individual tax returns on the basis of self-assessment. Under prevailing regulations, the DGT may assess or 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 became due.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 2.5pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Ministry 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 which is effective from July 1, 2012. The Ministry of Finance of the Republic Indonesia also has issued Regulation No.224/PMK.011/2012 dated December 26, 2012 concerning the appointment of SOEs to withhold income tax article 22 which is effective from February 23, 2013. The Company has withheld, deposited, and reported the VAT and PPnBM or VAT and also income tax article 22 in accordance with the Regulation.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 2.5pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>No tax audit has been conducted for fiscal years 200</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 20</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 20</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>12&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> on the Company. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>T</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he Company received a certificate of tax audit exemption from the DGT for fiscal years 2009</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2010 and 2012which is valid unless the Company files for corporate income tax overpayment, inwhich case a tax audit will be performed.</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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter214"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-88</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_215"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader215"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>The details of pension and other post</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>employment benefit liabilities are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Prepaid pension benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33a.i.a</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>949</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,170</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Pension benefit and other post-employment benefit obligations</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Pension</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Unfunded</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33a.i.b</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,326</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33a.ii</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>460</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>644</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Infomedia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Total pension</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>2,661</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,970</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Post-employment health care benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33b</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>993</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>441</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Other post-employment benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33c</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>450</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>488</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"><B><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>Obligation under the Labor Law</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>33d</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>154</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>216</FONT></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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=DE face=arial,sans-serif>4,258</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="FONT-SIZE: 9pt; TEXT-DECORATION: none" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4,115</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="FONT-SIZE: 9pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US 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 face=arial,sans-serif>The breakdown of the net benefit expense recognized in the consolidated statements of comprehensive income is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Pension</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>33a.i.a,33a.i.b</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>809</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>528</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Telkomsel</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>33a.ii</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>178</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>115</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Infomedia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total pension</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>831</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>988</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>643</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Post-employment health care benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28,33b</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>246</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>382</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>48&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other post-employment benefit</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28,33c</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>41</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Obligation under the Labor Law</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28,33d</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>35</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=DE 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,154</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>,426&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>99</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif>The amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-GB face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" lang=IN 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=bottom width="34%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Defined benefit plan actuarial (gain) losses</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Pension</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>The Company - net of asset ceiling limitation</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>33a.i.a,33a.i.b</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,100</FONT></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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(2,718</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(452</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>33a.ii</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(103</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(524</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>167</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Post-employment health care benefit</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>33b</FONT></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="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,742</FONT></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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(2,336</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(576</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Other post-employment benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>33c</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"><B><FONT style="FONT-SIZE: 9pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>32</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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(72</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Obligation under the Labor Law</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>33d</FONT></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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>Sub-total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,763</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="FONT-SIZE: 9pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(5,70</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0&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"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(827</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="34%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Deferred tax effect at the applicable tax rates</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>32h</FONT></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="FONT-SIZE: 9pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(197</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>701</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="34%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Defined benefit plan actuarial (gain) losses, net of tax</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=DE 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,566</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="FONT-SIZE: 9pt" lang=DE 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(4,999</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(785</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<a name="_bclFooter215"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-89</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_216"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader216"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Pension benefit cost</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 63.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Funded pension plan</FONT></P>

<P style="MARGIN: 0in 0in 0pt 63.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Company sponsors a defined benefit pension plan for employees with permanent status prior to July 1, 2002. The pension benefits are paid based on the participating employees&#8217; latest basic salary at retirement and the number of years of their service. The plan is managed by Telkom Pension Fund (&#8220;Dana Pensiun Telkom&#8221; or &#8220;Dapen&#8221;). The participating employees contribute 18% (before March 2003: 8.4%) of their basic salaries to the pension fund. The Company&#8217;s contributions to the pension fund for the years ended December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> amounted to Rp18</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Rp182 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rpnil billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The following table presents the changes in projected pension benefit obligations, changes in pension benefit plan assets, funded status of the pension plan and net amount recognized in the consolidated statements of financial position as of December 31, 2013 and 2014, on the defined benefit pension plan: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; BORDER-COLLAPSE: collapse; 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in projected pensionbenefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> o</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>bligations&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Projected pension benefit obligations at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>19,249</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"><B><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>14,883</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Charged to profit or loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>450</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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>188</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Past service cost-plan am</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ndment&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>204</FONT></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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,183</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="FONT-SIZE: 10pt" lang=IN 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,348</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Pension plan participants&#8217; contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial (gain) losses recognized in OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(5,387</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,471</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Expected pension benefits paid</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(656</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(737</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Projected pension benefit obligations at end of year</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="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>883&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>17,402</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in pension benefit plan assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fair value of pension plan assets at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>18,222</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"><B><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>16,803</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Interest income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,534</FONT></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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets (excluding amount included in net interest expense)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(2,039</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,340</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Employer&#8217;s contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>182</FONT></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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Pension plan participants&#8217; contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>44</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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>45</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Expected pension benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(656</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(737</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Administrative expenses paid</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="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(75</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fair value of pension plan assets at end ofyear</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>803&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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>18,929</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Funded status</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,920</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="FONT-SIZE: 10pt" 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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,527</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="FONT-SIZE: 10pt" 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=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Unrecoverable surplus (effect of asset ceiling)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(971</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(357</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="49%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Prepaid pension benefit </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ost&nbsp;</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>949</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="FONT-SIZE: 10pt" face=arial,sans-serif></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="24%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,170</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><B><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter216"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-90</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_217"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader217"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 3.7pt; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp; Pension benefit cost (continued)</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Funded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.85in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>As of December 31, 2013 and 2014, plan assets consisted of:</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 align=left>

<TABLE style="WIDTH: 93.68%; BORDER-COLLAPSE: collapse; 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=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="35%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Quoted in active market</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Unquoted</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Quoted in active market</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Unquoted</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Cash and cash equivalent</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,149</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,476</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Equity instruments </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Finance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>884</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,137</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Consumer goods</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>796</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Infrastructure, utilities and transportation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>625</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>724</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Construction, property and real estate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>226</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>508</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Basic industry and chemical</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>421</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Trading, service and investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>288</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>269</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Mining</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>159</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>142</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Agriculture</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>82</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>62</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Miscellaneous industr</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>ies&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Equity-based mutual fund</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>80&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,172</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Fixed income instruments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Corporate bonds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,516</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3,351</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Government bonds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6,354</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>495</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>6,526</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>451</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Non-public equity - d</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>irect placement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>121</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>153</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Property</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>290</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>275</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>12,</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>275&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4,5</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>28&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>14,546</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4,383</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 27.2pt; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>Pension plan assets also include Series B shares issued by the Company with fair values totalling Rp336 billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>348&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion, representing 2.00% and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.84</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>% of total plan assets as of December 31, 2013 and 2014, respectively, and bonds issued by the Company with fair value totalling Rp15</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>151&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion representing 0.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>90</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>% and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0.80</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>% of total assets as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 2014, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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 face=arial,sans-serif>Rp989&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) and Rp2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>817 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for the years ended December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> respectively. Based on the Company&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>policy </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>issued on January 14, 2014 regarding Dapen&#8217;s Funding Policy, the Company will not contribute to Dapen when Dapen&#8217;s Funding Sufficiency Ratio (FSR) is above 105%. Therefore, the Company does not expect to contribute to th</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>e&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> defined benefit pension plan in 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Based on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the C</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ompany </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>policy issued</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> on July 1, 2014, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>regarding P</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ension </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>R</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>egulat</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ion </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>by Dana Pensiun Telkom, there is an increas</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>e </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in monthly benefits given to the pension</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ers</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, widow/widower or the child</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ren&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of participants who stop</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ped&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> working before the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>end of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>June 2002.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter217"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-91</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_218"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader218"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>a.&nbsp;&nbsp; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -1.75in; MARGIN: 0in 0in 10pt 1.75in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Funded pension plan (continued)</FONT></P>

<P style="MARGIN: 0in 0in 0pt 62.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The movements of the prepaid pension benefit cost during the years ended December 31, 2013 and 2014 are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; BORDER-COLLAPSE: collapse; 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Prepaid (provision for) pension benefit cost at beginning of year</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-SIZE: 9pt" face=arial,sans-serif>(1,027</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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-SIZE: 9pt" lang=IN face=arial,sans-serif>949</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net periodic pension benefit cost</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-SIZE: 9pt" face=arial,sans-serif>(583</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</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-SIZE: 9pt" face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>62&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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Actuarial gain (losses)</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif> recognized via the OCI</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-SIZE: 9pt" face=arial,sans-serif>5,387</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(1,471</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Asset ceiling recognized via the OCI</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-SIZE: 9pt" face=arial,sans-serif>(971</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</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-SIZE: 9pt" lang=IN face=arial,sans-serif>614</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="FONT-SIZE: 9pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Return on plan assets </FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(excluding amount included in net interest expense)</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-SIZE: 9pt" face=arial,sans-serif>(2,039</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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-SIZE: 9pt" lang=IN face=arial,sans-serif>1,340</FONT></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="FONT-SIZE: 9pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Employer&#8217;s contributions</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-SIZE: 9pt" face=arial,sans-serif>182</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="FONT-SIZE: 9pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 9pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Prepaid pension benefit cost at end of year</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-SIZE: 9pt" face=arial,sans-serif>949</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="FONT-SIZE: 9pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,170</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="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><B><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 13pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The components of net periodic pension benefit cost are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; BORDER-COLLAPSE: collapse; 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>372</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>450</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>188</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Past service cost - plan am</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>ndment&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>204</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Plan administration cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>75</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net interest cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(38</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(186</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net periodic pension benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>394</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>58</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>262</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount charged to subsidiaries under contractual agreements</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(21</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(8</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net periodic pension benefit cost</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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>382</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>56</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>254</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; BORDER-COLLAPSE: collapse; 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 9pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" 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=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Actuarial (gain) losses recognized 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,123</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(5,38</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7&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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,471</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Asset ceiling limitation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>971</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="FONT-SIZE: 9pt" lang=IN 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(614</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Return on plan assets </FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(excluding amount included in net interest expense)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(895</FONT></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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,039</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(1,340</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,228</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="FONT-SIZE: 9pt" face=arial,sans-serif></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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,377&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"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(483</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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter218"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-92</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_219"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader219"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></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 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 face=arial,sans-serif>a.&nbsp;&nbsp; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.75in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Funded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The actuarial valuation for the defined benefit pension plan was performed based on the measurement date as of December 31, 2012, 2013 and 2014, with reports dated February 28, 2013, February 28, 2014 and March 13, 2015, 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 31, 2012, 2013 and 2014 are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 91.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.25%</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>00</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%&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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rate of compensation increases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8.00%</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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.00%&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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.00%</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="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonesia</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>n&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> mortality table</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Unfunded pension plan</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company sponsors unfunded defined benefit pension plans and a defined contribution pension plan for its employees.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The defined contribution pension plan is providedto employees hired with permanent status on or after July 1, 2002. The plan is managed by Financial Institutions Pension Fund (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Dana Pensiun Lembaga Keuangan</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#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 Rp6 billion eachfor the years ended December 31, 2013 and 2014, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Since 2007, the Company has provided pension benefit based on uniformulation for both participants prior to and from April 20, 1992 effective for employees retiring beginning February 1, 2009. The change in benefit has increased the Company&#8217;s obligations by Rp699 billion, which is amortized over 9.9 years until 2016. In 2010, the Company replaced the uniformulation with </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Manfaat Pensiun Sekaligus</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> (&#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 has increased the Company&#8217;s obligations by Rp435 billion, which is amortized over 8.63 years until 2018.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company also provides benefits to employees </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>during a pre-retirement period in which they are inactive for 6 months prior to their normal retirement age of 56 years</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, known as pre-retirement benefits (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Masa Persiapan Pensiun</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221; or &#8220;MPP&#8221;). </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> regular salary, health care, annual leave, bonus and other benefits.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> Since 2012, the Company has issued a new requirement for MPP effective for employees retiring beginning April 1, 2012, whereby 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></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 63pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter219"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-93</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_220"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader220"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.75in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>The Company (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 31.7pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Unfunded pension plan (continued)</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 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The following table presents the changes of the unfunded projected pension benefit obligations of MPS and MPP for the years ended December 31, 2013 and 2014: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 91.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 9pt" 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="21%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Changes in projected pension benefit obligations</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Unfunded projected pension benefit obligations at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,437</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="FONT-SIZE: 9pt" 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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,201</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="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Charged to profit or loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>97</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="FONT-SIZE: 9pt" 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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0&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="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>150</FONT></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="FONT-SIZE: 9pt" lang=IN 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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>94&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="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Actuarial </FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>gain</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)losses recognized in OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(341</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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>31</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="FONT-SIZE: 9pt" 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=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Benefits paid by employer</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(142</FONT></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="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(180</FONT></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="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="57%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Unfunded projected pension benefit obligations at end of year</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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,201</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="FONT-SIZE: 9pt" face=arial,sans-serif></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="21%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,326</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="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The components of total periodic pension benefit cost are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 91.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>97</FONT></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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>80</FONT></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="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net interest cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>173</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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>150</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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>194</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total periodic pension benefit cost</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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>277</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>247</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>274</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="FONT-SIZE: 10pt" 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: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Amounts recognized in OCI amounted to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(Rp128 billion), </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>341 billion) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and Rp31 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The actuarial valuation for the defined benefit pension planwas performed, based on the measurement date as ofDecember 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, with reports dated</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> February 28, 2013, February 28, 2014 and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>March13</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2015</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 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 31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 91.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.25%</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>00</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%&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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rate of compensation increases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8.00%</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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.00%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.00%</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="47%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonesia</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>n&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> mortality table</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter220"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-94</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_221"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader221"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 3.3pt; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ii. Telkomsel</FONT></P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05pt 0pt 44.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 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 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 44.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel's contributions to Jiwasraya amounted to Rpnil and Rp98 billion for the years ended December 31, 2013 and 2014, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05pt 0pt 44.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The following table presents the changes in projected pension benefit obligation, changes in pension benefit plan assets, funded status of the pension plan and net amount recognized in the consolidated statements of financial position for the years ended December 31, 2013 and 2014, on Telkomsel&#8217;s defined benefit pension plan:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.48%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 45pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in projected pensionbenefit obligation</FONT></B></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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Projected pension benefit obligation</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> at beginning of year</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-SIZE: 10pt" face=arial,sans-serif>1,472</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"><B><FONT style="FONT-SIZE: 10pt" 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><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>899</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Charged to profit or loss</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-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</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-SIZE: 10pt" face=arial,sans-serif>130</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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>74</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Net i</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>nterest cost</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-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>81</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial (gain) losses recognized in OCI</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-SIZE: 10pt" face=arial,sans-serif>(789</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" face=arial,sans-serif>234</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Expected benefits paid</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Projected pension benefit obligation at end of year</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-SIZE: 10pt" face=arial,sans-serif>899</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>81&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in pension benefit plan assets</FONT></B></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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fair value of plan assets at beginning of year</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-SIZE: 10pt" face=arial,sans-serif>666</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"><B><FONT style="FONT-SIZE: 10pt" 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><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>439</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Interest income in profit or loss</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-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets (excluding amount included</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> in net interest expense)</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> in OCI</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-SIZE: 10pt" face=arial,sans-serif>(265</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>67</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Employer&#8217;s contributions</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-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>98</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Expected benefits paid</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-SIZE: 10pt" face=arial,sans-serif>(2</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(7</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fair value of plan assets at end ofyear</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>439</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>37&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Funded status</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-SIZE: 10pt" face=arial,sans-serif>(460</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(644</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for pension benefit </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ost&nbsp;</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(460</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(644</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter221"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-95</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_222"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader222"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>a.&nbsp;&nbsp; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&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 face=arial,sans-serif>ii.&nbsp;&nbsp;&nbsp; Telkomsel</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Movements of the provision </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>pension benefit cost during the years ended December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=DE face=arial,sans-serif>: &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for pension benefit cost at beginning of year</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-SIZE: 10pt" face=arial,sans-serif>(806</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>eriodic pension benefit cost</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-SIZE: 10pt" face=arial,sans-serif>(178</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial gain (losses) recognized via the OCI</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-SIZE: 10pt" face=arial,sans-serif>789</FONT></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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets (excluding amount included in net interest expense)</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-SIZE: 10pt" face=arial,sans-serif>(265</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>67</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Employer contributions</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>98</FONT></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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for pension benefit cost at end of year</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(460</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(6</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>44&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"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 1pt 0in 0pt"><B><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=IN 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="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>The components of the periodic pension benefit cost are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>120</FONT></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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>74</FONT></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="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net interest cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>52</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="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>48</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>41</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="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>172</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="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>178</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>115</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&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: 9pt" lang=EN-US 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 face=arial,sans-serif>Amount</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(gain) </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>losses recognized 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(789</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(excluding amount </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>included in net interest expense)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(140</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>265</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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(67</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(103</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(524</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>67&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"><FONT style="FONT-SIZE: 10pt" 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: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The periodic pension cost for the pension plan was calculated, based on the measurement date as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, with reports dated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>February 12, 2013, February 20</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4 and February 5, 2015</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.00%&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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.25%</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rate of compensation increases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.50%</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.50%</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6.50%</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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="48%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonesian mortality table</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter222"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-96</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_223"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader223"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>b</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> provision</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 Yakes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 to the plan amounted to Rp1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp15</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion for the years ended December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 2014, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The following table presents the changes in projected post-employment health care benefit provision, change in post-employment health care plan assets, funded status of the post-employment health care benefit plan and net amount recognized in the consolidated statements of financial position as of December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>:&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in projected post-employment health care benefit provision</FONT></B></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><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Projected post-employment health care benefit obligation</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> at beginning of year</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-SIZE: 10pt" lang=IN face=arial,sans-serif>13,162</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,653</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Service costs</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-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Interest costs</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-SIZE: 10pt" lang=IN face=arial,sans-serif>813</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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>942</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Actuarial (gain) losses</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(3,099</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Expected post-employment health care benefits paid</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(293</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(373</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Projected post-employment health care benefit provision at endof year</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,653</FONT></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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11,505</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in post-employment health care plan </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ssets&nbsp;</FONT></B></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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fair value of plan assets at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>9,913</FONT></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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,660</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Interest income</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-SIZE: 10pt" lang=IN face=arial,sans-serif>620</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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>863</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Return on plan assets (excluding amount included in net interest</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> expense)</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-SIZE: 10pt" face=arial,sans-serif>(763</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Employer&#8217;s contributions</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-SIZE: 10pt" lang=IN face=arial,sans-serif>302</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="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>226</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Expected post-employment health care benefits paid</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(293</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Administrative expenses paid</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(119</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(126</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fair value of plan assets at end of year</FONT></P></TD>

   <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><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,660</FONT></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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>11,064</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Funded status</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-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>993&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(441</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>P</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>rovision for post-employment health care benefit</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-SIZE: 10pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>993&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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(441</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<a name="_bclFooter223"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-97</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_224"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader224"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>b.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> provision (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>As of December 31, 2013 and 2014, plan assets consisted of:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Quoted in active market</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Unquoted</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Quoted in active market</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Unquoted</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Cash and cash equivalent</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>355</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Listed shares:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Manufacturing and consumer</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Finance industry</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>263</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>369</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Construction</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>154</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>271</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Infrastructure and telecommunication</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>166</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>202</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Wholesale</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>139</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>145</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Mining</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>63</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>69</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Other industries:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>42</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>65</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Agriculture</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Biotech and Pharma Industry</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>15</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Equity-based mutual funds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,683</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,767</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Fixed income-based securities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fixed income mutual funds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,219</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,589</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Unlisted shares:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Private placement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>83</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>177</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="33%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,527</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>133</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>10,857</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>207</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Yakes plan assets also include Series B shares issued by the Company with fair value totalling Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>120&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>140&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> billion representing1.25%</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and 1.27%</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> of total assets as of December 31, 2013 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>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 face=arial,sans-serif>(Rp261&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>) and Rp1,550 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for the years ended December 31, 2013 and 2014, respectively. The Company does not expect to contribute to its post-employment health care plan during 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The movements of the provision for projected post-employment health care benefit for the years ended December 31, 2013 and 2014 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in projected post-employment health care benefit provision</FONT></B></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><B><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Defined benefit liability at beginning of year</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-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>3,249</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"><B><FONT style="FONT-SIZE: 10pt" 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><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Net periodic pension cost</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-SIZE: 10pt" color=black face=arial,sans-serif>382</FONT></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="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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Employer contributions</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-SIZE: 10pt" color=black face=arial,sans-serif>(302</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="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>(226</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="FONT-SIZE: 10pt" color=black face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>Actuarial </FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>g</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>ain) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>l</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>oss</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>es&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif> recognized via the OCI</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-SIZE: 10pt" color=black face=arial,sans-serif>(3,099</FONT></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="FONT-SIZE: 10pt" color=black face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black 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=bottom width="59%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(excluding amount</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> included in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> net interest expense)</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-SIZE: 10pt" face=arial,sans-serif>763</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="FONT-SIZE: 10pt" 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=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(814</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for post-employment health care benefit</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-SIZE: 10pt" color=black face=arial,sans-serif>993</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>441</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter224"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-98</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_225"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader225"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>33.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0in 0in 0pt 21.25pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>b</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> provision</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The components of net periodic post-employment health care benefit cost for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Plan administration cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>88</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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>119</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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>126</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net interest cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>102</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>19</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3&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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>79</FONT></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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net periodic post-employment health care benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>246</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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>38</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>250</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amounts charged to subsidiaries under contractual </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>greements&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net periodic post-employment health care benefit cost</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>245</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="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>38</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0&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"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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=IN face=arial,sans-serif></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 face=arial,sans-serif>Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(gain) </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>losses recognized 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,074</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(3,099</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="50%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Return on plan assets </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(excluding amount </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ncluded in net interest expense)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(332</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>76</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3&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="FONT-SIZE: 10pt" 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=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(814</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,742</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(2,33</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6&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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(576</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The actuarial valuation for the post-employment health care benefits was performed based on the measurement date as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, with reports dated</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> February 28, 2013, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>February 28</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2014 and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>March13</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2015,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> respectively, by TWP, an independent actuary in association with TW. The principal actuarial assumptions used by the independent actuary as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.25%</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9.00</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%&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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Health care costs trend rate assumedfor next year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7.00%</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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.00</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%&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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Ultimate health care costs trend rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7.00%</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7.00%</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Year that the rate reaches the ultimate trend rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&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="FONT-SIZE: 10pt" lang=IN 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="50%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonesian mortality table</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&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=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter225"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-99</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_226"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader226"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>33.&nbsp;&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0in 0in 0pt 21.25pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0in 0in 0pt 21.25pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.&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 face=arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company provides other post-employment benefits in the form of cash paid to employees on their retirement or termination. These benefits consist of final housing allowance (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Biaya Fasilitas Perumahan Terakhir</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221; or BFPT) and home passage leave (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Biaya Perjalanan Pensiun dan Purnabhakti</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221; or BPP). </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>The changes of the projected other post-employment benefit obligations for the years ended December 31, 2013 and 2014 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" 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=bottom width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Changes in projected other post-employment benefits provision</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Unfunded projected benefit obligations at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>508</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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>450</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="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Charged to profit or loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</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="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Net i</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>nterest cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Actuarial (gain) losses recognized </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(72)</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="FONT-SIZE: 10pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Benefits paid by employer</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(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="FONT-SIZE: 10pt" 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=bottom width="65%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Provision for other post-employment benefits</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>450</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="FONT-SIZE: 10pt" face=arial,sans-serif></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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>488</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&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 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 face=arial,sans-serif>The components of the p</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>rojected&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> other post-employment benefit cost for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>9</FONT></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="FONT-SIZE: 8pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>Net interest cost</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>32</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"><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif>30</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"><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face=arial,sans-serif>39</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"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>42</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="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>41</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="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>48</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="FONT-SIZE: 8pt" face=arial,sans-serif></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 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=arial,sans-serif>Amounts recognized in OCI amounted to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp32 billion, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>72 billion)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp24 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The actuarial valuation for the other post-employment benefits was calculated based on measurement date as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, with reports dated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>February 12, 2013, February 20</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4 and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>March13</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2015</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6.25%</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>.00%&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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>50</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>%&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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rate of compensation increases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8.00%</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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8.00%</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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>00</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>%&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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Indonesian mortality table</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2011</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter226"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-100</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_227"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader227"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>33.&nbsp; PENSION AND OTHER POST-EMPLOYMENT BENEFIT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>d.&nbsp;&nbsp; Obligation under the Labor Law </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Under Law No. 13 Year 2003, the Group is required to provide minimum pension benefit</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, if not covered yet by the sponsored pension plans, to its employees upon retirement age. The total related obligation recognized as of December 31, 2013 and 2014 amounted to Rp15</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp216</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion, respectively. The related employee benefits cost charged to expense amounted to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Rp35billion, Rp15</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and Rp56 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for the years ended December 31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively. The actuarial (gain) losses recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> amounted to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(Rp8 billion), (Rp50 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)and Rp1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>0&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for the year</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Maturity Profile of Defined Benefit Obligation (&#8220;DBO&#8221;)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Weighted Average duration of DBO for the Company and Telkomsel are 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>.9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> years and 15.14 years,respectively. The timing of benefits payments for 2014 is as follows (in millions of rupiah):</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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="75%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Expected Benefits 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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 19pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="24%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Time Period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: 19pt; PADDING-TOP: 0in" vAlign=bottom width="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>The Company </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Telkomsel</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Post-employment health care</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other post-employment benefits</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 11.55pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.55pt; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Funded</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 11.55pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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: 11.55pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Unfunded</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within next 10 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>14,555</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3,152</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>282</FONT></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="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>5,009</FONT></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="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>695</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 10-20 years</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>20,361</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>204</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,848</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,035</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"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>184</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 20-30 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>17,979</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,902</FONT></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="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,519</FONT></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="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 30-40 years</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10,418</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,434</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,174</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"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 40-50 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,347</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,917</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,210</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 50-60 years</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>477</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,024</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>400</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"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 60-70 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="24%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Within 70-80 years</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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"><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29</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"><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</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"><B><FONT style="FONT-SIZE: 9pt" 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.2pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Sensitivity Analysis</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.2pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.2pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>0.5% change in discount rate and rate of salary would have effect on DBO, as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Discount 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Rate of Compensation</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="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.5% Increase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" 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: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.5% Decrease</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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: white; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.5% Increase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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: white; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.5% Decrease</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: white; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></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=bottom width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sensitivity</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="FONT-SIZE: 9pt" 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="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Increase (decrease) in amounts</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="FONT-SIZE: 9pt" 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=bottom width="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Increase (decrease) in amounts</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="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Funded</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(856)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>933</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>212</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>(219)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Unfunded</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(39)</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>41</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Telkomsel</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(120)</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>135</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>76</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Post-employment health care</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,407)</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,730</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,862</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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(1,530)</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="FONT-SIZE: 9pt" 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=bottom width="40%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Other post-employment benefits</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The sensitivity analyses have been determined based on a method that extrapolates the impact on DBO as a result of reasonable changes in key assumptions occurring at the end of the reporting period.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 14.2pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The sensitivity results above determine the individual impact on the Plan&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>DBO at the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>end of the year. In reality, the Plan is subject to multiple external experience items which may move the DBO in similar or opposite directions, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>and&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> the Plan&#8217;s sensitivity to such changes can vary over time. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>There are no changes in the methods and assumptions used in preparing the sensitivity analys</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s from the previous period.</FONT></P>

<a name="_bclFooter227"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-101</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_228"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader228"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt 17.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>34.&nbsp; LONG SERVICE AWARDS PROVISIONS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Telkomsel and Patrakom provide certain cash awards or certain number of days leave benefits to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>their&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> employees based on the employees&#8217; length of service requirements, including LSA and LSL. LSA are paid either at the time the employees reach </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>certain yearsduring </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>employment, or at the time of termination. LSL </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>represents </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>certain number of days leave benefit or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>its equivalent in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>cash, subject to approval by management, provided to employees who m</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ee</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t the requisite number of years of service and with a certain minimum age.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The obligation with respect to these awards </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>which </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>was determined based on an actuarial valuation using the Projected Unit Credit method, amount</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to Rp336</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> b</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>illion and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>410 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> as of December 31, 2013 and 2014, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> The related benefit costs charged to expense amounted to Rp121 billion, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Rp19 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Rp115 billionfor the year</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> ended December 31, 2012, 2013 and 2014, respectively (Note 28)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>35.&nbsp; RELATED PARTY TRANSACTIONS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE 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=IN face=arial,sans-serif>In the normal course of its business, the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Group </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>entered&nbsp; into transactions with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>its </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>related parties. It is the Company&#8217;s policy that the pricings 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"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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: 5pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Details of the nature of relationshipsand accounts/transactions with significant related parties are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -144.75pt; MARGIN: 0in 0in 0pt 2.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Related parties</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Nature of relationships</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> with related parties</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Nature ofaccounts</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>/transactions&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Government Ministr</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>y&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> of Finance</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenues, other telecommunication service revenues, finance costs</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> and </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>investment in financial instruments</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Government agencies</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Network revenues and operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>MoCI</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Concession fees, radio frequency usage charge, USO charges, telecommunication service revenue and operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned enterprises</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenues, other telecommunication service revenues, operating expenses, purchase of property and equipment, construction and installation services, insurance expense, finance income, finance costs, investment in financial instruments, insurance for property and equipment, insurance for employees, electricity expenses and cost of SIM cards</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interconnection revenues, interconnection expenses, telecommunications facilities usage, operating and maintenance cost, leased lines revenue, satellite transponders </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>usage revenues</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>, </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>usage of data</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> c</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ommunication network system expenses</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> and lease revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Aplikanusa Lintasarta (&#8220;Lintasarta&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Interconnection revenues, network revenues, usage of data communication network system expenses and leased lines expenses</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indosat Mega Media</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Network revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>INTI</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Purchase of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>LEN</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Purchase of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned banks</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Finance income and finance costs</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.1pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter228"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-102</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_229"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader229"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>35.&nbsp; RELATED PARTY TRANSACTIONS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 35.45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" 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; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Nature of relationships and accounts/transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Related parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Nature of relationships</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> with related parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Nature ofaccounts</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>/transactions&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue, other telecommunication service revenue,finance income and finance 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue,other telecommunication service revenue,finance income and finance costs</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue, other telecommunication service revenue,finance income and finance 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BTN</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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue, other telecommunication service revenue,finance income and finance costs</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Bank Syariah Mandiri(&#8220;BSM&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue, other telecommunication service revenue, and finance 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PT Bank BRI Syariah</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(&#8220;BRI Syariah&#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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Internet and data revenue,other telecommunication service revenue,and finance costs</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>BJB</FONT></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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Finance income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bahana</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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Available-for-sale financial assets, bondsand notes</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Yakes</FONT></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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Medical expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>CSM</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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Associated company</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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Satellite transponders usage revenues,</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> leased lines revenues and transmission lease expenses</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Patrakom</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>*</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)&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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Associated 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Satellite transponders</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> usage revenues</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>,leased lines revenues and transmission lease expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indonusa**)</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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Associated company</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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Leased line revenues, telecommunication services revenue and data telecommunication expense</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PSN***)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Associated 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Satellite transponders</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> usage revenues</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>, leased lines revenues, transmission lease expenses, interconnection revenues and interconnection expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Koperasi Pegawai Telkom (&#8220;Kopegtel&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under significant influence</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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Purchase of property and equipment,construction and installation services,leases of buildings, leases of vehicles,purchases of materials and construction services, utilities of maintenance andcleaning services and RSA revenues</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Sandhy Putra Makmur(&#8220;SPM&#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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under significant influence</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Leases of buildings, leases of vehicles, purchases of materials and construction services, utilities maintenance and cleaning 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Koperasi Pegawai Telkomsel (&#8220;Kisel&#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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under significant influence</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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Leases of vehicles, printing and distributionof customer bills, collection fee and otherservices fee, distribution of SIM cards andpulse reload vouchers</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="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PT Graha Informatika Nusantara (&#8220;Gratika&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under significant influence</FONT></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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Leased lines revenues, purchase ofproperty and equipment, installation expenseand maintenance expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="31%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Directors and commissioners</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="FONT-SIZE: 8pt" 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="31%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Key management personnel</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="FONT-SIZE: 8pt" 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="36%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Honorarium and facilities</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="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; 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 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> Patrakom became a subsidiary on September 25, 2013 (Note</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif> 1</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>d and 3a</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>). &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>**) </FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>On </FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face=arial,sans-serif>October 8, 2013, the Company sold its 80% ownership in Indonusa (Notes 3b and 11).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>*</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>*</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>*) </FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif>On June</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face=arial,sans-serif> 26, 2014, PSN is not longer as associated company due to the dilution in percentage of ownership.</FONT></P>

<a name="_bclFooter229"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-103</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_230"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader230"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>35.&nbsp; RELATED PARTY TRANSACTIONS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: 20.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.&nbsp; Transactions with related parties</FONT></B></P>

<P style="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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The following are significant transactions with related parties:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 9pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>REVENUES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Majority Stockholder</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>The Government Ministry of Finance</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>166</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.22</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>178</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.2</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government agencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,330</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1.72</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,603</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>93&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>328&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>48&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,090</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1.41</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,116</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>35&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,015</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>13&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>State-owned enterprises</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>549</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.72</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>757</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>91&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>649</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>72&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>99</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.13</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>231</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.2</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>277</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>31&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>MoCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.33</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>641</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.77&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>253</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>123</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.16</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>123</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>137</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>115</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.15</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>204</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.25&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>133</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>15&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Lintasarta</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>106</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.14</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.10&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>81</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.09</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BTN</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.06</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>86</FONT></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="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BSM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>29</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.04</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>41</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>05&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>02&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>BRI Syariah</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.01</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>28</FONT></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="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,754</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4.87</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,917</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5.92</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>934&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>38&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Entities under </FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>significant influence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Kisel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,375</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3.08</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,75</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3.32</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3,07</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3.43</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Gratika</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.05</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>75&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.4</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>389</FONT></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="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>43&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2,411</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3.13</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3,131</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3.77</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3,46</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Indonusa</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>**)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>38</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.05</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>103</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>74</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.08</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>CSM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.08</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5&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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.04</FONT></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="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>PSN***)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>27</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.04</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>31</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.04</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Patrakom*</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>80</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.10</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>209</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.27</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>179</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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.21</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>11&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>81</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.11</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.09&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>18&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>24&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,621</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8.60</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8,476</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>10.20</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7,896</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="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>79&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"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="20%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>EXPENSES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>MoCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>6,539</FONT></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="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>12.57</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>4,6</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>06&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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>07&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>,0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>31&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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>22&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>State-owned enterprises</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,117</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"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2.15</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,087</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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.90&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,054</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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1.72</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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,004</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1.93</FONT></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="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1,008</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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>77&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>937</FONT></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="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>53&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Yakes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>150</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"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.29</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>159</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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>28&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>157</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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>25&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.3in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Government agencies</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 9pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>46</FONT></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="FONT-SIZE: 9pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>07&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"><B><FONT style="FONT-SIZE: 9pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>8,810</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"><B><FONT style="FONT-SIZE: 9pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>16.94</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"><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>6,86</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0&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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>12.0</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2&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"><B><FONT style="FONT-SIZE: 9pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>225&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"><B><FONT style="FONT-SIZE: 9pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>11</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>79&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"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter230"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-104</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_231"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader231"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.1pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE 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 face=arial,sans-serif>b.&nbsp;&nbsp; Transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>EXPENSES (continued)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under significant influence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Kisel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>825</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.59</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>743</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.30</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>922</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>50&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Kopegtel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>817</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.57</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>692</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.21</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>90&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>SPM</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.05</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>18&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>21&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,667</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3.21</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,553</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2.72</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,482</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>41&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>CSM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>100</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.19</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>63</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>50</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>08&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PSN***)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.3</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>187</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>33&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indonusa*</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>*)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>28</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Patrakom*</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>)&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>73</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.14</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sub-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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>338</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.6</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>278</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>49&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>50</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>08&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.09</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.07</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>10,851</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20.87</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>8,7</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>43&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>15</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.3</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>795&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>14</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>35&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>F</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>INANCE INCOME</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Government </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Ministry of Finance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2.18</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.5</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.05</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>61.41</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>30&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>63.40</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>750</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>60.58</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.8</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.24</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>379</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>63.59</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>550</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>65.80</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>766</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>61.87</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 8pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance costs</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance costs</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total finance costs</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>F</FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>INANCE COSTS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Government </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Ministry of Finance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3.99</FONT></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="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>84</FONT></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="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>59&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="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>85</FONT></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="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>4.69</FONT></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="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>424</FONT></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="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20.63</FONT></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="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>18&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="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>34</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>44&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="FONT-SIZE: 8pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>830</FONT></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="FONT-SIZE: 8pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>45.80</FONT></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="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.27</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="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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=bottom width="43%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>506</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="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>24.62</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="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>606</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="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>.30&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"><FONT style="FONT-SIZE: 8pt" 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=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>915</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="FONT-SIZE: 8pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>50.49</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="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 3pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter231"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-105</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_232"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader232"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.1pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE 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 face=arial,sans-serif>b.&nbsp;&nbsp; Transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="48%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 8pt" 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="26%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="25%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total property and equipment purchased</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total property and equipment purchased</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>PURCHASE OF PROPERTY AND EQUIPMENT </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(Note 12)</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><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</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><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>INTI</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: 8pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>1.74</FONT></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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>LEN</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: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>40</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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>0.16</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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned enterprises</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: 8pt" face=arial,sans-serif>126</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.51</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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under significant influence</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: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Kopegtel</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: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.90</FONT></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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>109</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>0.44</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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Gratika</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: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>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="FONT-SIZE: 8pt" 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: 8pt" face=arial,sans-serif>0.13</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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.24</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>29</FONT></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="FONT-SIZE: 8pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.12</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="FONT-SIZE: 8pt" 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=bottom width="48%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>408</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="FONT-SIZE: 8pt" face=arial,sans-serif></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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.65</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="FONT-SIZE: 8pt" face=arial,sans-serif></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>640</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="FONT-SIZE: 8pt" face=arial,sans-serif></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2.5</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9&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="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&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=IN 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=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 37.1pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Presented below are balances of accounts with related parties: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="26%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013 </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>(Restated)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="26%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>a.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Cash and cash equivalents (Note 5)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>11,985</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>9.3</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>10,53</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>7.44</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>b.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Other current financial assets (Note 6)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,543</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>20&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,713</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.92</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>c.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Trade receivables (Note 7)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,881</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.46</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,731</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.22</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>d.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Advances and prepaid expenses </FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>(Note </FONT></B><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entity under common control - MoCI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,349</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.83</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,699</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1.9</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>82</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.06</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.02</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,431</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.89</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,72</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.92</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>e.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Advances and othernon-current assets</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> (Note 13)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>MoCI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>619</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.48</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>493</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BNI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.0</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.01</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.01</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.00</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>682</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>53&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.36</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.05pt; MARGIN: 0in 0in 0pt 9.05pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt; TEXT-DECORATION: none" lang=X-NONE face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<a name="_bclFooter232"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-106</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_233"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader233"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 12pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>b.&nbsp;&nbsp; Transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.05pt; MARGIN: 0in 0in 0pt 9.05pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="26%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2013 (Restated)</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="25%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total liabilities</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>% of total liabilities</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>f.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Trade payables (Note 15)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>MoCI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.86</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,1</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>60&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2.08</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>INTI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.22</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>323</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.58</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Indosat</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>218</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.26</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Yakes</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>43</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.08</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>46</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.08</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>State-owned enterprises</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.00</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.00</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Sub-total</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,337</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2.58</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,67</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3.00</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Entity under significant influence</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> - Kopegtel</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.16</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.1</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>572</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1.11</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>32</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.59</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>1,991</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3.85</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2,05</FONT></B><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>8&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>3.69</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>g.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Accrued expenses (Note 16)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control - state-owned banks</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.10</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>84</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.15</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder - The Government</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Ministry of Finance</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.03</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>16</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.03</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>70</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.13</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>100</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>0.1</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>h.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Advances from customers and suppliers</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder - The Government</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Ministry of Finance</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>19</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.04</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>19</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.03</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>i.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Short-term bank loans (Note 18)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BRI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>50</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.10</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>57</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.10</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BSM</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.03</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>15</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.03</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BRI Syariah</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.01</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>67</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.14</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>0.13</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>j.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Two-step loans (Note 19a)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Majority stockholder - The Government</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Ministry of Finance</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,915</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3.70</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,615</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2.90</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>k.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Long-term bank loans (Note 19c)</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Entities under common control</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BRI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4,043</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7.81</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4,357</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7.82</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>BNI</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,351</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>4.54</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,975</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>5.34</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Bank Mandiri</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>1,069</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2.07</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>2,181</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>3.92</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" 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="47%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>7,463</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>14.42</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>9,513</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>17.08</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter233"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-107</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_234"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader234"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>.&nbsp;&nbsp; Significant agreements with related parties</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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 face=arial,sans-serif>i.&nbsp;&nbsp; The Government</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>The Company obtained two-step loans from the Government (Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a). &nbsp;</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ii.&nbsp; Indosat</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company has an agreement with Indosat to provide international telecommunications services to the public.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company has 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 ofIndosat Multimedia Mobile services and the settlement ofrelated interconnection rights and obligations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company also has an agreement with Indosat for the interconnection of Indosat's GSM mobile cellular telecommunications network with the Company's PSTN, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>which enable </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>each party&#8217;s customers to make domestic calls between Indosat&#8217;s GSM mobile network and the Company&#8217;s fixed line network</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, as well as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>allowing Indosat&#8217;s mobile customers to access the Company&#8217;s IDD service by dialing &#8220;007&#8221;.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company has been handling customer billings and collections for Indosat. Indosat is gradually taking overthe activities and performing its own direct billing and collection. The Company has received compensation from Indosat computed at 1% of the collections made by the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>starting from</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> January 1, 1995, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>as well as</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the billing process expenses which are fixed at a certain amount per record. On December 11, 2008, the Company and Indosat agreed to implement IDD service charge tariff which already t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ook&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> into account the compensation for billing and collection. The agreement is valid and effective starting from January to December 2012, and can be applied until a new agreement becomes available. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 51.8pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 Regulation No.8/Year 2006. These amendments took effect starting on January 1, 2007. </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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel also entered into an agreement with Indosat for the provision of international telecommunications services to its GSM mobile cellular customers. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company provides leased lines to Indosat and its subsidiaries, namely PT Indosat Mega Media and Lintasarta. The leased lines can be used by these companies for telephone, telegraph, data, telex, facsimile or other telecommunication services. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></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 face=arial,sans-serif>iii.&nbsp; Others</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Company has entered into agreements with associated companies, namely CSM, PSN and Gratika for the utilization of the Company's satellite transponders or frequency channels of communication satellite and leased lines.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On April 1, 2013, Telkomsel entered into an agreement with PSN for the lease of PSN&#8217;s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> transmission link, which </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>will expire</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> on March 31, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter234"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-108</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_235"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader235"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>35.&nbsp; RELATED PARTY TRANSACTIONS (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>.&nbsp;&nbsp; Significant agreements with related parties (continued)</FONT></B></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>iii.&nbsp;&nbsp; Others (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.1pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Kisel is a co</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>operative 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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.1pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On June 27, 2014, the Company signed a Conditional Business Transfer Agreement with Telkomsel for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> transfer</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of its </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Flexi business</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> to Telkomsel (Note 38c.ii)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>d</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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 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 face=arial,sans-serif>Key management personnel consists of the Boards of Commissioners and Directors of the Company and its subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group provides remuneration in the form of honorarium and facilities to support the operational duties of the Board of Commissioners and short-term employment benefits in the form of salaries and facilities to support the operational duties of the Board of Directors. The total of such remuneration is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="43%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="19%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="18%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="43%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Amount</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>% of total expenses</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="43%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Board of Directors</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>252</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.49%</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>354</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.62%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>563</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.92%</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="43%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>Board of Commissioners</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.12%</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>106</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.19%</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>155</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>0.25%</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>36.&nbsp; SEGMENT INFORMATION</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>In 2012, management decided to change the way it manages the Group's business portfolios from a product-based approach to a customer-centric approach, as part of the Group&#8217;s strategy to provide a one-stop solution to its customers. This decision resulted in a change in the Group&#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 Group's Chief Operational Decision Maker was amended to facilitate decision making on the new segments. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>The Group has four main operating segments, namely corporate, home, personal and others. 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. The home segment provides fixed wireline telecommunications services, pay TV, data and internet services to home customers. The personal segment provides mobile cellular and fixed wireless telecommunications services to individual customers. Operating segments that are not monitored separately by the Chief Operation Decision Maker are presented as "Others", which provides building management services.</FONT></P>

<P style="MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>No operating segments have been aggregated to form the operating segments of personal, home and others, while corporate operating segment is aggregated from business, enterprise, wholesale and international operating segments since they have the similar economic characteristics and similar in other qualitative criteria such as providing similar network services and serving corporate customers.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter235"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-109</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_236"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader236"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>36</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. SEGMENT INFORMATION (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Management monitors the operating results of the 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 differ significantly from IFRS primarily in the accounting for land rights and employee benefits.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>However, the financing activities and income taxes are not separately monitored and are not allocated to operating segments.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Segment revenues and expenses include transactions between operating segments and are accounted at </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>prices that management believes represent market </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>prices</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="75%" colSpan=17>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Corporate</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Home</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Personal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Others</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total before Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total Consolidated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Reconciliation</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>15,579</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>7,360</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>54,087</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77,127</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Inter-segment revenues</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6,468</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,223</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,188</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>648</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment revenues</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>22,047</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,583</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>56,275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>765</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>88,670</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>77,127</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(13,961</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,646</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(31,169</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(51,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(51,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(185</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(51,630</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Inter-segment expenses</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(4,015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment expenses</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(7,939</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(36,372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(685</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(62,972</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(51,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(185</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(51,630</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,071</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,644</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>19,903</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>25,698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>25,698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(201</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>25,497</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other information</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Capital expenditures</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(4,375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,083</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(10,664</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Depreciation and amortization</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,079</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,168</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(10,940</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,209</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,209</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,227</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Impairment of assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(247</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(247</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(247</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(247</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for impairment of receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(92</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(505)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(318</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="75%" colSpan=17>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Corporate</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Home</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Personal</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Others</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total before Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total Consolidated</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Reconciliation</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></B></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Revenues</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External revenues</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>17,041</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6,669</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>59,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>229</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>82,967</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>82,967</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>82,967</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Inter-segment revenues</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8,549</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,794</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2,358</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>909</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>14,610</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,610</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment revenues</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>25</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>,590&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>463&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>61,386</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,138</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>97,577</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(14,610</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,967&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>82,967</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Expenses</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External expenses</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(15,211</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,9</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>39&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(32,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>991&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(980</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>55,121&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(55,121</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(119</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(55,240</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Inter-segment expenses</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,164</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,946</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(6,472</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(28</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,610&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>14,610</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment expenses</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(20,375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>885&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(39,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>463&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,008</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>69,731&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>14,610</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(55,121</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(119</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>55,240&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>5,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>215&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>578</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>21,923</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>130</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>27,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>846&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>27,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>846&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(119</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>27,727</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other information</FONT></B></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Capital expenditures</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(6,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>237&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,34</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>662&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,898&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,898&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>24,898&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Depreciation and amortization</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,423</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(11,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(15,184</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(15,184</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>25&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(15,209</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Impairment of assets</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(596</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(596</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(596</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>596&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Provision for impairment of receivables</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(994</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(390</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(202</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,589</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,589</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,5</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>89&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<a name="_bclFooter236"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-110</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_237"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader237"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>36</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. SEGMENT INFORMATION (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="75%" colSpan=17>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Corporate</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Home</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Personal</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Others</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total before Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Elimination</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total Consolidated</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Reconciliation</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>IFRS Balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></B></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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Revenues</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; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External revenues</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>18,763</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6,682</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>64,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>251</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Inter-segment revenues</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>10,652</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,667</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,6</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,632</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>17,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>637&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,6</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>37&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment revenues</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>29,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>415&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>349&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>66,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>686&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>883&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>107,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>333&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,6</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>37&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>89,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>696&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Expenses</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>External expenses</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16,014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(5,407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(37,243</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,655</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(60,319</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(60,319</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(20</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(60,52</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Inter-segment expenses</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(6,561</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(3,487</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(7,5</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>26&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(63</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(17,6</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>37&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>17,6</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>37&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total segment expenses</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(22,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>575&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(8,894</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(44,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>769&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,7</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>18&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(77,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>956&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>17,6</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>37&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(60,319</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(205</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>60</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>524&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Segment results</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>6,840</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>455</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>917&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>65&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>29,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>377&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>29,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>377&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(205</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>29,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>172&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Other information</FONT></B></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Capital expenditures</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(7,312</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(3,529</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(13,200</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(620</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(24,661</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(24,661</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(24,661</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Depreciation and amortization</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,699</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1,495</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(12,071</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(61</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16,326</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(16,326</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>47&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(1</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6,373&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Impairment of assets</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="25%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Provision for impairment of receivables</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(184</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(467</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(133</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(784</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(784</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(784</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Geographic information:</FONT></U></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>75,488</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>81,095</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>87,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Foreign countries</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,655</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,872</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>77,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>82,967</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>89,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>IFRS reconciliation</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>77,127</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>82,967</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>89,696</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The revenue information above is based on the location of the customers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Non-current operating assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>78,046</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>87,193</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>95,920</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Foreign countries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>305</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>914</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,145</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>78,351</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>88,107</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>97,065</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Non-current operating assets for this purpose consist of property and equipment and intangible assets.</FONT></P>

<a name="_bclFooter237"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-111</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_238"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader238"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>37</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; REVENUE SHARING ARRANGEMENT (&#8220;RSA&#8221;)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Company has </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>only one remaining</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> RSA with an investor. The RSA </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> located in Denpasar, Mataram and Kupang, with concession period of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> 148</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> months. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>RSAs </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>with other investors have expired. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Under the RSA, the investors finance the costs incurred in developing the telecommunications facilities and the Company manages and operates the telecommunications facilities upon the completion of the construction. 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 period. At the end of the RSA period, the investors transfer the ownership of the telecommunications facilities to the Company at a nominal price.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>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>

<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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Capital expenditures</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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of December 31, 2014, capital expenditures committed under the contractual arrangements, principally relating to procurement and installation of switching equipment, transmission equipment and cable network, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="62%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Currencies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amounts in foreign currencies (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><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Equivalent in 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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="62%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Rupiah</FONT></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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9,837</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="62%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>U.S. dollar</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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>512</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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,349</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="62%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Euro</FONT></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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0.35</FONT></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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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=bottom width="62%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>SGD</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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0.40</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 10pt" lang=IN 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=bottom width="62%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total</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="FONT-SIZE: 10pt" lang=IN 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="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>16,195</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&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=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter238"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-112</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_239"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader239"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Capital expenditures</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The above balances include the following significant agreements: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(i)</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Contracting parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Initial date of agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN 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: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Significant provisions of the agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Industri Telekomunikasi Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 30, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for copper wire access modernization through Trade-In/Trade-Off method</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Len Industri (Persero)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>March 29, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for copper wire access modernization through Trade-In/Trade-Off method</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Ketrosden Triasmitra-PT Nautic Maritime Salvage Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>August 30, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for &#8220;Sistem Komunikasi Kabel Laut&#8221; (&#8220;SKKL&#8221;) Luwuk-Tutuyan Cable System (LTCS)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and Furukawa and Partners Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 14, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation of Outside Plant Fiber To The Home (OSP FTTH) DIVA Regional V and VII</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and JF DJAFA Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 14, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement of OSP FTTH DIVA Regional II</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and ASN-PT Lintas Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>May 6, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement of Sulawesi Maluku Papua Cable System (SMPCS) project</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and NEC Corp-PT NEC Indonesia Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>May 28, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation of SMPCS package-2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Datacomm Diangraha</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>June 26, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for expansion of Maintenance Support (MS) Service for Metro Ethernet Platform ALU</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Lintas Teknologi Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 22, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for expansion of DWDN platform ALU</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Cisco Technologies Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 14, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The partnership for procurement and installation agreement of WIFI CISCO</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT NEC Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 29, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for IP Radio Equipment for Backhaul Node-B Telkomsel Package-3 Platform NEC </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and PT Huawei Tech Investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 6, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation agreement for IP Radio Equipment for Backhaul Node-B Telkomsel Package-2 Platform Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and Thales Alenia Space France</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 14, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkom-3 Subtitution (T3S) Satellite System</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The Company and QNet Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 22, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement and installation of SKKL Broadband Network Division</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter239"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-113</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_240"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader240"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Capital expenditures</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(ii)</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel&nbsp;</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 13.45pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.45pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Contracting parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.45pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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: 13.45pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Initial date of agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.45pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" 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: 13.45pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Significant provisions of the agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.45pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>NSN&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Oy and Nokia Siemens Network GmbH &amp; Co. KG</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>April</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> 17,</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> 2008</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>The c</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ombined 2G and 3G CS Core Network Rollout Agreements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, PT Ericsson Indonesia and PT Nokia Siemens Networks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>April </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>17, </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2008&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Technical Service Agreement (TSA) for c</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ombined 2G and 3G CS Core Network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 16.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>NSN&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Oy, Huawei International Pte. Ltd., PT Huawei and PT ZTE Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>March and</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Jun</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>e </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2009&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2G BSS and 3G UTRAN</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> R</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>oll</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>o</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>ut&nbsp;</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> agreement for the provision of </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>2G GSM BSS and 3G UMTS</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif> Radio Access Network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, PT Packet Systems Indonesia and PT Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>February 3, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Maintenance and procurement of equipment and related service agreement for Next Generation Convergence IP RAN Rollout and Technical Support</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, PT </FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Dimension Data</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> Indonesia and PT Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>February 3, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Maintenance and procurement of equipment and related service agreement for Next Generation Convergence Core Transport Rollout and Technical Support</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Telkomsel, Amdocs Software Solutions Limited Liability Company and PT Application Solutions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>February 8, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Online Charging System (&#8220;OCS&#8221;) and Service Control Points (&#8220;SCP&#8221;) System Solution Development Agreement </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 21.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel and PT Application Solutions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>February 8, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Technical Support Agreement to provide technical support services for the OCS and SCP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 21.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 26.95pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel, Amdocs Software Solutions Limited Liability Company and PT Application Solutions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 5, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Development and Rollout agreement for Customer Relationship Management and Contact Center solutions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.95pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 17.05pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel and </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PT Ericsson Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 21, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Development and Rollout Operating Support System (&#8220;OSS&#8221;) agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 17.05pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 19.75pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel and Huawei International Pte. Ltd. and PT Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>July 17, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>CS Core System Rollout and CS Core System Technical Support agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 19.75pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel and </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PT Ericsson Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>March 25, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Technical Support Agreement (TSA) for the procurement of Gateway GPRS Support Node (&#8220;GGSN&#8221;) Service Complex agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 19.75pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=SV face=arial,sans-serif>Telkomsel and Wipro Limited, Wipro Singapore Pte. Ltd. and PT WT Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>April 23, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Development and procurement of OSDSS Solution agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 19.75pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Telkomsel and </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>PT Ericsson Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=SV face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>October 22, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement of GGSN Service Complex Rollout agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 19.75pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: 35.45pt; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-INDENT: 35.45pt; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iii)&nbsp;&nbsp; GSD</FONT></I></P>

<P style="TEXT-INDENT: 35.45pt; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.74%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Contracting parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Initial date of agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Significant provisions of the agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>TLT (</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>subsidiary of GSD</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>) and PT Adhi Karya</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 6,</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif> 20</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>12&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Service arrangement structure and main contractor architecture for Telkom Landmark Tower Building development project</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>TLT (</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>subsidiary of GSD</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>) and PT Indalex</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>February 11, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Procurement agreement for the Fa&#231;ade construction phase I unitized system Tower I and Tower II of Telkom Landmark Tower Building</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>GSD and PT Waskita Karya</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>June 25, 2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Development of </FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>Infomedia&#8217;</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>s building agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter240"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-114</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_241"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader241"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.&nbsp;&nbsp; Capital expenditures</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iv)</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TII&nbsp;</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Contracting parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Initial date of agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" 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: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Significant provisions of the agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>TL (</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>subsidiary of TII</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>), Ericsson AB and PT Ericsson Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 2, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Operational Supporting System (OSS), Base Sub Station (BSS) and Value Added System (VAS) System Rollout and Radio Access Network (RAN) and Core System Rollout agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>TL (</FONT><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif>subsidiary of TII</FONT><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>) and PT Cascadiant Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>December 31, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Purchase of equipment phase I agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 1pt 0in 0pt" align=center><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>November 20, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" face=arial,sans-serif>Purchase of equipment phase II agreement</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 1pt 0in 0pt"><FONT style="FONT-SIZE: 8pt" 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: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>b.&nbsp;&nbsp; Borrowings and other credit facilities </FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -23.4pt; MARGIN: 0in 0in 0pt 57.15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(i)&nbsp;&nbsp;&nbsp;&nbsp; As of December 31, 2014, 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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -23.4pt; MARGIN: 0in 0in 0pt 57.15pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Facility utilized</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total facility</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Maturity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Currency</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Original currency (in millions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BRI</FONT></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="FONT-SIZE: 7pt" 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" lang=IN face=arial,sans-serif>350</FONT></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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>March 14, 2016</FONT></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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>69</FONT></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="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>US$</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2</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="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>BNI</FONT></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="FONT-SIZE: 7pt" 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" lang=IN face=arial,sans-serif>250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>March 31, 2015</FONT></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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>81</FONT></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="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>US$</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>0</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>EUR</FONT></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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank Mandiri</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="FONT-SIZE: 7pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>150</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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>December 23, 2015</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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Rp</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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>52</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="FONT-SIZE: 7pt" 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=bottom width="37%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total</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="FONT-SIZE: 7pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>750</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="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>209</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="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel has US$3 million bond and bank guarantee</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> standby letter of credit facilit</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ies&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> with SCB, Jakarta. The facilities expire on July 31, 2015. Under these facilities, as of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, Telkomsel has issued a bank guarantee of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>20&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion (equivalent to US$</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.6&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> million) for a 3G&nbsp;performance bond (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>38</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>c.i) and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face=arial,sans-serif> valid</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> until </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>March 24</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 2015. Subsequently, on March 2, 2015, Telkomsel had extended the valid period until March 24, 2016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 60.75pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel has a Rp500 billion bank guarantee facility with BRI. The facility will expire on March 25, 2016. Under the facility, as of December 31, 2014, Telkomsel has issued a bank guarantee of Rp177 billion (equivalent to US$14.2 million) as payment commitment guarantee for annual right of usage fee valid until March 31, 2015. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel has a Rp150 billion bank guarantee facility with BCA. The bank guarantee is valid until April 15, 2015. Under this facility, as of December 31, 2014, Telkomsel has issued a bank guarantee of Rp20 billion (equivalent to US$1.6 million) for a 3G performance bond (Note 38c.i).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Telkomsel also has a Rp100 billion bank guarantee facility with BNI. The bank guarantee is valid until December 11, 2015. Telkomsel uses this facility to replace the time deposit required as guaranty for the USO program amounting to Rp53 billion (Note 27).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.3pt; MARGIN: 0in 0in 10pt 58.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>TII has a US$15 million bank guaranteefacility from Bank Mandiri. The facility expires on December 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The bank guarantee facility balance </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>as of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> December 31, 2014 amounted to US$10 million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<a name="_bclFooter241"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-115</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_242"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader242"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (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 face=arial,sans-serif></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 face=arial,sans-serif>c.&nbsp;&nbsp; Others</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&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 face=arial,sans-serif>(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3G license</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>With reference to the Decision Letter</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> No.07/PER/M.KOMINFO/2/2006, No.268/KEP/M.KOMINFO/9/2009 and No. 191 Year </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 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 face=arial,sans-serif>1.&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.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>2.&nbsp; Provide roaming access for the existing other 3G operators.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>3.&nbsp; Contribute to USO development.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>4.&nbsp; Construct a 3G network which covers at least 14 provinces by the sixth year of holding the 3G license.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>5.&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 higher.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>(ii)&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Radio Frequency Usage </FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>Based on the Decree No. 76 dated December 15, 2010 of the Government, 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 face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Decree. The Decree is valid for 5 years unless further amended.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>As an implementation of the above Decree, the Company and Telkomsel paid the first</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>,second and third </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>year annual frequency usage fees in 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Based on Decision Letters No. 881 dated September 10, 2013 and No. 884 dated September 10, 2013, the MoCI determined that the fourth year (2013) annual frequency usage fees of the Company and Telkomsel were Rp213 billion and Rp1,649 billion, respectively. The fees were paid in December 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>In order to maximize its business opportunities from the group synergy, the Company restructured its fixed wireless business unit by terminating the respective fixed wireless telecommunication network services and transferring the fixed wireless business and subscribers to Telkomsel. On June 27, 2014, the Company signed a Conditional Business Transfer Agreement with Telkomsel to transfer such business and subscribers to Telkomsel (Notes 6 and 35c.iii).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Based on Decision Letter No. 934 dated September 26, 2014, the MoCI approved t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he transfer of the Company&#8217;s frequency</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> usage license </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>on radio frequency spectrum of 800 MHz, specifically on spectrum of 880-887.5 MHz paired with 925-932.5 MHz, to Telkomsel. Telkomsel can use the radio frequency spectrum from the time the decision letter was issued.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>During the trans</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>ition&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> p</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>eriod</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>still able to use the radio frequency </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>spectrum of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>880-887.5&nbsp; MHz </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>paired&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> with 925-932.5 MHz until December </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>14</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter242"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-116</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_243"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader243"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (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 face=arial,sans-serif></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 face=arial,sans-serif>c.&nbsp;&nbsp; Others</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&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 face=arial,sans-serif>(ii)&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Radio Frequency Usage (continued)</FONT></U></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Based on Decision Letter No. 940 dated September 26, 2014, MoCI determined that the fifth year (2014) annual frequency usage fee of Telkomsel was Rp2,198 billion. The fee includes frequency usage fee transfe</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>red from the Company to Telkomsel and was paid in December 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>In 2014, the Company recorded a restructuring provision of Rp208 billion. The provision relates to the benefits provided in &#8220;Upgrade Telkomflexi&#8221; program that was introduced to encourage Telkom Flexi subscribers to migrate to Telkomsel services. The program was publicly announced on October 3, 2014. The restructuring is expected to be completed not later than December 14, 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></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 face=arial,sans-serif>(i</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ii</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>)&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Apple, Inc</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face=arial,sans-serif>On July 16, 2012, Telkomsel entered into an agreement with Apple South Asia Pte Ltd (&#8220;Apple&#8221;) for the purchase of iPhone products and provision of cellular network services in Indonesia. Based on the agreement:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0pt 0.95in"><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; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Telkomsel may authorize Authorized Purchaser (&#8220;AP&#8221;) to place PO under the agreement provided that a contract of Adherence is signed between Apple, Telkomsel and AP binding such AP to the terms and conditions of the agreement. If any of the AP fails to pay an invoice from Apple or Apple&#8217;s affiliate as required by the agreement, after receipt of Apple&#8217;s notice, Telkomsel should pay the sums due and the unpaid amount.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0pt 0.95in"><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; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Telkomsel shall order and take delivery or cause its AP to order and take delivery of at least 500,000 iPhone units up to June 2015.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face=arial,sans-serif>Effective on August 17, 2012, Telkomsel appointed PT Mitra Telekomunikasi Selular (&#8220;MTS&#8221;), third party, as the AP. In accordance with the agreement with MTS, issuance of PO by MTS is subject to Telkomsel&#8217;s approval and required to be covered by a bank guarantee&#8221;.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 85.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(iv)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Future Minimum Lease Payments under Operating Lease</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US 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 face=arial,sans-serif>The Group entered into non-cancelable lease agreements with both third and related parties. The lease agreements cover leased lines, telecommunication equipment and land and building with terms ranging from 1 to 10 years and with expiry dates between 2015 and 2024. The lease periods may be extended based on the agreement by both parties.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -38.7pt; MARGIN: 0in 0in 0pt 56.7pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Future minimum lease payments under the operating lease agreements as of December 31, 2014 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.6%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="45%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Less than 1 year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>1-5 years</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>More than 5 years</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>As lessee</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>29,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>373&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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>3,8</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>47&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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>13,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>217&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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>12,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>309&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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>As lessor</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>134&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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>970</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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>2,238</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"><B><FONT style="FONT-SIZE: 10pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>926</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"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The future minimum lease payments include payments for non-lease elements in the arrangement.</FONT></P>

<a name="_bclFooter243"></a><DIV>

<P align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P align=center>F-117</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_244"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader244"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></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=arial,sans-serif>39.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>CONTINGENCIES&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>In the ordinary course of business, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he Group ha</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> been named as defendant 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, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he Group ha</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> recognized provision for losses amounting to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>25 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>billion as of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company, Telkomsel and seven other local operators are being investigated by The Commission for the Supervision of Business Competition (&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Komisi Pengawasan Persaingan Usaha</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8221; or &#8220;KPPU&#8221;) for allegations of SMS cartel practices. As a result of the investigations on June 17, 2008, KPPU found that the Company, Telkomsel and certain other local operators had violated Law No. 5 year 1999 article 5 and charged the Company and Telkomsel penalty in the amounts of Rp18 billion and Rp25 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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; MARGIN: 0in 0in 0pt 34.65pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Due to the filing of the case by operators in various courts, the KPPU subsequently requested the Supreme Court (SC) to consolidate the cases into the Central Jakarta District Court. Based on the SC&#8217;s decision letter dated April 12, 2011, the SC </FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>appointed the </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Central Jakarta District Court </FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>to investigate and resolve the case.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of the date of approval and authorization for the issuance of the consolidated financial statements, there has not been any notification on the case from the court.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.05pt; MARGIN: 0in 0in 0pt 34.2pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.</FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Company is a defendant in a case filed in Makassar District Court by Andi Jindar Pakki and his affiliates over a landproperty at Jl. A.P. Pettarani. On May 8, 2013, the court pronounced its verdict and ordered the Company to pay fair compensation or to vacate and surrender the disputed land to the plaintiffs. In the event the Company loses the case, the Company will pay compensation to the plaintiffs amounting to Rp57.6 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 36.7pt"><B><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>On May 20, 2013, the Company filed an appeal to the Makassar High Court, objecting to the District Court&#8217;s ruling. In December 2013, the Makassar High Court pronounced its verdict that was favorable to the plaintiffs and the Company filed an appeal to the Supreme Court. On January 9, 2015, the Company received the SC Notice regarding the case in which rejected the Company&#8217;s appeal. On February 5, 2015, the Company requested for a judicial review of the case by the SC (Note 43a).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As of the date of approval and authorization for the issuance of the consolidated financial statements, there has not been any notification on the case from the SC.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.15pt"><B><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -50.7pt; MARGIN: 0in 0in 0pt 1in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financial risk management</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> activities expose </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>it&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> to a variety of financial risks such as market risks (including foreign exchange risk and interest rate risk), credit risk and liquidity risk. Overall, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he Group&#8217;s financial risk management program is intended to minimize losses on the financial assets and financial liabilities arising from fluctuation of foreign currency exchange rates and the fluctuation of interest rates. Management has a written policy on foreign currency risk management mainly on time deposit placements and hedging to cover foreign currency risk exposures for periods ranging from 3 up to 12 months.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.65pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financial risk management is carried out by </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>he </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Corporate Finance</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> unit under policies approved by the Board of Directors. The </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Corporate Finance unit</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> identifies, evaluates and hedges financial risks.</FONT></P>

<a name="_bclFooter244"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-118</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_245"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader245"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.3pt; MARGIN: 0in 0in 0pt 21.3pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; FINANCIAL RISK MANAGEMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.4pt; MARGIN: 0in 0in 0pt 35.45pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financial risk management</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Foreign exchange risk</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Group is exposed to foreign exchange risk on sales, purchases and borrowings that are denominated in foreign currencies. The foreign currency denominated transactions are primarily in U.S. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>dollar&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Japanese </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>y</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>en. The Group</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s exposure</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to other foreign exchange rates are not material.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Increasing risks of foreign currency exchange rates on the obligations of the Group are expected to be </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>partly </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>offset by</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> the effects of the exchange rates on</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> time deposits and receivables in foreign currencies that are equal to at least 25% of the outstanding </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>current foreign currency </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities.&nbsp;</FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> &nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The following</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> table </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>presents the Group</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>exposure to foreign currency risk:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="44%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="28%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>3&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="27%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="44%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>U.S. dollar (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Japanese yen (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>U.S. dollar (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Japanese yen (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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="44%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.48</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.00</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>0.4</FONT><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>7&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>0.01</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="44%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Financial liabilities</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(0.48</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(8.47</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>(0.51</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>)</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>(7.73</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="44%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Net exposure</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>0.00</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" 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; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(8.47</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>(0.0</FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>4&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>)</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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>(7.72</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=EN-GB face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Sensitivity analysis</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>A strengthening of the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>U</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.S.dollar and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Japanese </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>y</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>en</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, as indicated below, against the rupiah at </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> would have decreased equity and profit or loss by the amounts shown below. This analysis is based on foreign currency exchange rate variances that </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>he Group considered to be reasonably possible at the reporting date. The analysis assumes that all other variables in particular interest rates, remain constant. </FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="71%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" 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="29%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>Equity/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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="71%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>December 31, 2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="29%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=IN 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=bottom width="71%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>U.S. dollar (1% strengthening)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="29%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="71%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Japanese yen (5% strengthening)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="29%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>A weakening of the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>U</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.S.d</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ollar&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> Japanese </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>y</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>en&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> against the rupiah at </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> 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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0pt 54.6pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>b.&nbsp;&nbsp; Market price risk</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0pt 54.6pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Group is exposed to cha</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>n</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ges in debt and equity market prices related to available-for-sale investments carried at fair value. Gain 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: -16.2pt; MARGIN: 0in 0in 0pt 56.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter245"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-119</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_246"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader246"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT (continued) </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -52.2pt; MARGIN: 0in 0in 0pt 1in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financial risk management</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0pt 54.6pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>b.&nbsp;&nbsp; Market price risk</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The performance of the Group</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s available-for-sale investments </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> monitored periodically, together with a regular asses</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ment of their relevance to the Group</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> long</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>term strategic plans.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>As of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>, management considered the price risk on the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Group</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>&#8217;s 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 0pt 54.6pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c.&nbsp;&nbsp;&nbsp; Interest rate risk</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Interest rate fluctuation is monitored to minimize any negative impact to financial performance. Borrowings at variable interest rates expose the Group to interest rate risk (Notes </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>18&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and 1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>). To measure market risk </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>pertaining to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>fluctuations in interest rates, the Groupprimarily use</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> interest margin and maturity profile of the financial assets and liabilities based on changing schedule of the interest rate.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>At reporting date, the interest rate profile of the Group&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> interest-bearing borrowings was as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 12pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</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-SIZE: 10pt" face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Fixed rate borrowings</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-SIZE: 10pt" face=arial,sans-serif>(9,591</FONT></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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(10,113</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="59%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Variable rate borrowings</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-SIZE: 10pt" face=arial,sans-serif>(10,665</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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-SIZE: 10pt" lang=IN face=arial,sans-serif>(13,339</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><I><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Sensitivity analysis for variable rate borrowings</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.8pt 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>A</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s ofDecember 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, a decrease (increase) by 25 basis points in interest rates of variable rate borrowings would have increased (decreased) equity and profit or loss by Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>33&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> billion each. 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"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>d.&nbsp;&nbsp; Credit risk</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The followingtablepresents </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>the maximum exposure to credit risk of the Group&#8217;s financial assets:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="69%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013 (Restated)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Cash and cash equivalents</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" face=arial,sans-serif>14,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>17,67</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Other current </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>assets&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>872&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="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,797</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,018</FONT></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="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>7,380</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Other non-current assets</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" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>85&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="FONT-SIZE: 10pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>546</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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-SIZE: 10pt" lang=IN face=arial,sans-serif>29,</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>271&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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>28,</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>395&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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 4pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter246"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-120</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_247"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader247"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT (continued) </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Financial risk management (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>d.&nbsp;&nbsp; Credit risk (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The Group is exposed to credit risk primarily from trade and other receivables. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>redit risk is managed by continuous monitoring </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>outstanding balances and collection</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>Trade and other receivables do not have any major concentration of risk whereas no customer </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>eceivablebalances exceed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>% of trade receivables as of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>December 31, 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=EN-AU face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Management is confident in its ability to continue to control and sustain minimal exposure </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> credit risk given that </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>he Group ha</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>srecogniz</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ed sufficient </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>provision for impairment of receivables</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> to cover incurred loss arising from uncollectible receivables based on existing historical </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>data on credit losses</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;&nbsp; Liquidity risk</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 8pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Liquidity risk arises in situations where the Group has difficulties in fulfilling financial liabilities when they become due. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Prudent liquidity risk management implies maintaining sufficient cash in order to </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>meett</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>he Group&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> financial </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>obligations</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>. The Group continuously perform</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> an analysis to monitor </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> ratios, </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>such as </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liquidity ratios</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> debt</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>-to-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>equity ratios</FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> against debt covenant requirements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 6pt" lang=X-NONE 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 face=arial,sans-serif>The following is the maturity profile of the Group</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>s financial liabilities:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 1pt 0in 0pt 0.75in"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="65%" colSpan=13>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013 </FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(Restated)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Carrying amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Contractual cash flows</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> and thereafter</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>12,585</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(12,585</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(12,585</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,308</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(292</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(285</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(278</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(271</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,182</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(4,817</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(582</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,311</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(215</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,506</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>10,023</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(11,618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(3,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,248</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(980</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>969&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(6,</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>904&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,070&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>885&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>847&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(8</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,289&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR style="HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Total</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>38,105</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(4</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,496&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,821&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5,745&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,588&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2,267&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(8,075</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="65%" colSpan=13>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2014</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Carrying amount</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Contractual cash flows</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>6&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>8&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>201</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif> and thereafter</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>12,476</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(12,476</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(12,476</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>5,211</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,211</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(5,211</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,615</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,944</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(282</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(274</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(264</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(894</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,308</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(4,673</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,370</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(251</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(229</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(228</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>13,740</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(16,468</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(6,830</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(3,172</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,552</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(2,099</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(1,815</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,789</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(6,535</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(975</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(927</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(898</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(830</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD>

   <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; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2,905</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,139&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(4</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7,307&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(2</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>7,144&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</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="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(4,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>624&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>943&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</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="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>(3,3</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>87&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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>(8,209</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; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 35.85pt; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>The difference between the carrying amount and the contractual cash flows is interest value.</FONT></P>

<a name="_bclFooter247"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-121</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_248"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader248"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT (continued) </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 4pt" lang=IN 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; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2.&nbsp;&nbsp; Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 4pt" lang=X-NONE 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; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Fair value measurement</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US face=arial,sans-serif></FONT></B>&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 face=arial,sans-serif>Fair value is the amount for which an asset could be exchanged, or liability settled, between parties in an arm&#8217;s length transaction.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.55pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The Group 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: 5pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The fair values of short-term financial assets and financial liabilities with maturities of one year or less (cash and cash equivalents,&nbsp;other current financial assets</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> (time deposits and escrow account)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>, trade and other receivables, trade and other payables, accrued expenses and short-term bank loans)&nbsp;are considered to&nbsp;approximate their carrying amounts as the impact of discounting is not significant.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The fair values of long-term financial assets and financial liabilities (other non-current assets </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>(long-term trade receivables and restricted cash) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>and liabilities) approximate their carrying amounts as they were measured based on the discounted future contractual cash flows.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>(iii)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Available-for-sale financial assets primarily consist of mutual funds</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> and Corporate and Government bonds. Mutual funds actively traded in 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 face=arial,sans-serif>(iv)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>The fair values of long-term </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities are estimated by discounting the future contractual cash flows of each liability at rates offered to the Group for similar </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>liabilities&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> of comparable maturities by the bankers of the Group, except for bonds which are based on market prices.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>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 71.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; &nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;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 71.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp; &nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;Estimated fair values are not necessarily indicative of the amounts that the Group would record upon disposal/termination of the financial assets and liabilities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 71.85pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Classification and fair value</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The following </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>table&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> presents the carrying value and estimated fair value of the Group's financial assets and liabilities based on their classifications, other than those with carrying amounts that are reasonable approximations of fair values:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 6pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 1pt 0in 0pt 27.35pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.7%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Carrying value</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Carrying value</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Current financial assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Available-for-sale - other current financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>272</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>272</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>254</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>254</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value through profit or loss - other current financial assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>297</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>297</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>290</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>290</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>569</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>569</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>544</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>544</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Non-current financial liabilities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Financial liabilities measured at amortized cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.6in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,915</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,921</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,615</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,650</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.6in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,349</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,490</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,308</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,355</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.6in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Long-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,591</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,474</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>11,930</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>11,787</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.6in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,969</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,969</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,789</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,789</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>19,824</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>19,854</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>21,642</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>21,581</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 1pt 0in 0pt 27.35pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<a name="_bclFooter248"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-122</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_249"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader249"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 9pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><FONT style="FONT-SIZE: 8pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT(continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2.&nbsp;&nbsp; Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Fair value hierarchy</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The following table provides the fair value measurement hierarchy of the Group&#8217;s financial assets and financial liabilities:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="35%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value measurement at reporting date using</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Quoted prices in active markets for identical assets or liabilities (level 1)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Significant other observable inputs (level 2)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Significant unobservable inputs (level 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2013</FONT></U></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Financial assets measured at fair value (Note 6)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Available-for-sale</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value through profit or loss</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>297</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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>297</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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>569</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>48</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>224</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>297</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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Financial liabilities for which fair values are </FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>d</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>isclosed&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" 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" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,921</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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>1,921</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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,490</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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>3,141</FONT></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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>349</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Long-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>9,474</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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>9,474</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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,969</FONT></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="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>4,969</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>19,854</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,141</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>16</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>,</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>713&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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><U><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>2014</FONT></U></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=IN 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Financial assets measured at fair value (Note 6)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Available-for-sale</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>254</FONT></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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>202</FONT></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="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Fair value through profit or loss</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>290</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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>290</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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>544</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>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"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>202</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>290</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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Financial liabilities for which fair values are </FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>d</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>isclosed&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=IN 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" lang=IN 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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>650&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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>1,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>650&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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,355</FONT></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="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,047</FONT></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="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>308</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Long-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>11,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>787&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"><B><FONT style="FONT-SIZE: 7pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 7pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>11,</FONT><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>787&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"><B><FONT style="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.45in"><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,789</FONT></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="FONT-SIZE: 7pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</FONT></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="FONT-SIZE: 7pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>4,789</FONT></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="FONT-SIZE: 7pt" 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=bottom width="53%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>21,</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>581&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"><B><FONT style="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>3,047</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>-</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="FONT-SIZE: 7pt" 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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" lang=IN face=arial,sans-serif>18,</FONT></B><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif>534&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"><B><FONT style="FONT-SIZE: 7pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Available-for-sale financial assets primarily consist of 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 in an established market, these securities are classified as level 2. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Financial asset at fair value through profit or loss represents the Put Option on the 20% remaining ownership in Indonusa which was received as part of the divestment considerations (Note 3b). Since the fair value is not observable and valuation technique is used to determine the fair value, this financial asset is classified as level 3.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif></FONT></B>&nbsp;</P>

<a name="_bclFooter249"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-123</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_250"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader250"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>40</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; FINANCIAL RISK MANAGEMENT(continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2.&nbsp;&nbsp; Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>liabilities </FONT><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp;&nbsp; Fair value hierarchy</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif>Mutual funds actively traded in 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 and put option 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. Management considers, among other assumptions, the valuation and quoted price of the arrangement of the mutual funds. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Reconciliations of the beginning and ending balances for items measured at fair value using significant unobservable inputs (level 3) as of December 31, 2013 and 2014 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="69%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Beginning balance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>297</FONT></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="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Put </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>O</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>ption&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>289</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"><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Unrealized gain (loss) recognized </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>in the consolidated statements of</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> comprehensive income</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" face=arial,sans-serif>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="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="69%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Redemption</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" lang=IN face=arial,sans-serif>(48</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</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" lang=IN face=arial,sans-serif>-</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"><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Ending balance</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" lang=IN face=arial,sans-serif>297</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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>290</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="FONT-SIZE: 10pt" face=arial,sans-serif></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 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 face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; CAPITAL MANAGEMENT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The capital structure of the Group is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 27.2pt; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 10pt" lang=X-NONE face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="54%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2013</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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="22%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2014</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Portion</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Portion</FONT></B></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; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Short-term debts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>432</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>0.54%</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="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1,810</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1.9</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Long-term debts</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>19,824</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>24.78%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>21,642</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>23.7</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total debts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>20,256</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>25.32%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>23,452</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>25.75%</FONT></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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Equity attributable to owners of the parent company</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>59,753</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>74.68%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>67,646</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>74.2</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>5</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>%&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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="54%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in; VERTICAL-ALIGN: baseline"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>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="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>80,009</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>100.00%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>91,098</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" 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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=right><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>100.00%</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; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 27.2pt; VERTICAL-ALIGN: baseline"><SUP><FONT style="LINE-HEIGHT: 50%; FONT-SIZE: 12pt" lang=X-NONE face=arial,sans-serif>&nbsp;&nbsp;&nbsp; </FONT></SUP></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>The Group&#8217;s objectives when managing capital are to safeguard the Group&#8217;s ability to continue as a going concern in order to provide returns for stockholders and benefits to other stakeholders 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=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<a name="_bclFooter250"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-124</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_251"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader251"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; CAPITAL MANAGEMENT (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Periodically, the Group 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. In case of idle cash with limited investment opportunities, the Group will consider buying back its shares of stock 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=EN-US 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 face=arial,sans-serif>In addition to complying with loan covenants, the Group also maintains its capital structure at the level it believes will not risk its credit rating and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>which </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>is comparable with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>that of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>its competitors. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>Debt</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>equity ratio (comparing net interest-bearing debt to total equity) is a ratio which is monitored by management to evaluate the Group&#8217;s capital structure and review the effectiveness of the Group&#8217;s debts. The Group monitors its debt levels to ensure the debt</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>equity ratio complies with or is below the ratio set out in its contractual borrowing arrangements and that such ratio </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> comparable or better than th</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>at&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> of 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=EN-US 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 face=arial,sans-serif>The Group&#8217;s debt-to-equity ratio as ofDecember 31, 2013 and 2014 is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="69%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total interest bearing debts</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" face=arial,sans-serif>20,256</FONT></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="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>23,452</FONT></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="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Less </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>ash and cash equivalent</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(14,696</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="FONT-SIZE: 10pt" face=arial,sans-serif>)</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" lang=IN face=arial,sans-serif>(17,672</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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net debt</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" face=arial,sans-serif>5,560</FONT></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="FONT-SIZE: 10pt" 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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>5,780</FONT></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="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Total equity attributable to owners of the parent company</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" face=arial,sans-serif>59,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>753&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="FONT-SIZE: 10pt" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>67,646</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="FONT-SIZE: 10pt" 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=bottom width="69%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Net debt</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>to</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>equity ratio</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" face=arial,sans-serif>9</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>0</FONT></B><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>%&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="FONT-SIZE: 10pt" 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; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>8.54%</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="FONT-SIZE: 10pt" face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>As stated in Note 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>9</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>, the Group is required to maintain a certain debt</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>equity ratio and debt service coverage ratio by the lenders. For the year</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> ended December 31, 2013 and 2014, the Group </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>has </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>complied with the externally imposed capital requirements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>42.&nbsp; SUPPLEMENTAL CASH FLOW INFORMATION </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN 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 face=arial,sans-serif>The non-cash investing activities for the years ended December 31, 2012, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3 and 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="60%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in" align=center><FONT style="FONT-SIZE: 10pt" 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=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Acquisition</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> of property and equipment credited to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Trade payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>4,627</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="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>6,412</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="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>5,</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>621&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="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.3in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Obligations under finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>2,588</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>3,201</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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>528</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Acquisitions of property and equipment </FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>f</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>rom n</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>on-monetary exchange</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>1,686</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="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>268</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="FONT-SIZE: 10pt" lang=IN 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 face=arial,sans-serif>126</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="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Acquisition</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif> of intangible assets credited to trade payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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" face=arial,sans-serif>119</FONT></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="FONT-SIZE: 10pt" lang=IN 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>Reclassification of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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" 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="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" 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=bottom width="60%">

   <P style="TEXT-INDENT: -0.15in; MARGIN: 0in 0in 0pt 0.15in"><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>to asset held for sale</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>-</FONT></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="FONT-SIZE: 10pt" lang=IN 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="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>105</FONT></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="FONT-SIZE: 10pt" lang=IN 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" face=arial,sans-serif>41</FONT></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="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P><FONT style="FONT-SIZE: 11pt">

<a name="_bclFooter251"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F-125</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_252"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader252"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>4</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>.&nbsp; SUBSEQUENT EVENTS </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On January 9, 2015, the Company received a Notice </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>from theSC </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>of the Republic of Indonesia, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>itsDecision </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Letter </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>No. 226/Pdt.G/2012/PN.Mks </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>on the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>appeal regarding the case </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>involving a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>land property</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> at </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>Jl. A.P. Pettarani Makassar (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>39</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>b). The </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>SC&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> has rejected the Company&#8217;s appeal. On February 5, 2015, the Company requested </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>judicial r</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>eview </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>of the case by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>SC</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>b.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On February 3, 2015, based on its Decision Letter No. 65 Year 2015, which replaced DecisionLetter No. 226/DIRJEN/2009 dated September 24, 2009, the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>MoCi&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> through the DGPI grantedTelkomsel the operating license to provide VoIP services with national coverage. The license hasa perpetual term, which is subject to evaluation on an annual basis or every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>c.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>On March 13, 2015 the Company, GSD, Metra and Infomedia signed several credit facilities agreements with PT Bank Sumitomo Mitsui Indonesia, The Bank of Tokyo-Mitsubishi UFJ, Ltd., PT Bank ANZ Indonesia and a syndication of banks (BCA and BNI) amounting to Rp750 billion, Rp750 billion, Rp500 billion, and Rp3,000 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face=arial,sans-serif>44.&nbsp; NEW ACCOUNTING STANDARDS AND INTERPRETATIONS NOT YET ADOPTED</FONT></B></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 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The accounting standards and interpretations that are issued, but not yet effective for the year ended December 31, 2014 and which have not been applied in preparing these consolidated financial statements are disclosed below. The Group intends to adopt these standards, if applicable, when they become effective.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Effective for annual periods beginning on or after January 1, 2016</FONT></U></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; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendment</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> to IFRS 11, Accounting for Acquisitions of Interests in Joint Operations </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US 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 face=arial,sans-serif>These amendments provide guidance on the accounting for acquisitions of interests in joint operations in which the activity constitutes a business. The Group does not expect that these amendments will have material financial impact in future financial statements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IAS 16 and IAS 38, Clarification of Acceptable Methods of Depreciation and Amortization</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US 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 face=arial,sans-serif>The amendments to IAS 38, Intangible Assets, introduce a rebuttable presumption that the use of revenue-based amortization methods for intangible assets is inappropriate. This presumption can be overcome only when revenue and the consumption of the economic benefits of the intangible asset are &#8220;highly correlated&#8221;, or when the intangible asset is expressed as a measure of revenue. </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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The amendments to IAS 16, Property, Plant and Equipment, explicitly state that revenue-based methods of depreciation cannot be used for property, plant and equipment. This is because such methods reflect factors other than the consumption of economic benefits embodied in the asset.</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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>These amendments are not expected to impact the Group&#8217;s consolidated financial position or performance.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IFRS 10 and IAS 28, Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>The amendments provide guidance for accounting treatment when a parent </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif>loses </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>control of a subsidiary in a transaction with an associate or joint venture. The amendments require full gain to be recognized when the assets transferred meet the definition of a &#8220;business&#8221; under IFRS 3,Business Combinations. These amendments are not expected to impact the Group&#8217;s consolidated financial position or performance.</FONT></P>

<a name="_bclFooter252"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-126</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_253"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader253"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>44.&nbsp; NEW ACCOUNTING STANDARDS AND INTERPRETATIONS NOT YET ADOPTED</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Effective for annual periods beginning on or after January 1, 2016 (continued)</FONT></U></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IFRS 5, Changes in Methods of Disposal</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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>IFRS 5 is amended to clarify that changes in the method of disposal of an asset or disposal group are considered a continuation of the original plan of disposal and the accounting treatment for held-for-distribution or held-for-sale continues to apply. At the time of the change in method, the carrying amount is re-measured to recognize any write-down or subsequent increase in the fair value less costs to sell. If an asset or disposal group no longer meets the criteria to be classified as held-for-distribution, then it ceases held-for-distribution accounting in the same way as it would cease held-for-sale accounting. The Group does not expect that these amendments will have material financial impact in future financial statements.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IFRS 7, Financial Instruments: Disclosures</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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>IFRS 7 is amended to clarify when servicing arrangements are in the scope of its disclosure requirements on continuing involvement in transferred financial assets in cases when they are de-recognized in their entirety. IFRS 7 is also amended to clarify that the additional disclosures required by Amendments to IFRS 7, Disclosures: Offsetting Financial Assets and Financial Liabilities are not specifically required for inclusion in condensed interim financial statements for all interim periods. However, they are required if the general requirements of IAS 34, Interim Financial Reporting, require their inclusion. These amendments are not expected to impact the Group&#8217;s consolidated financial position or performance.</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>

<UL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=disc>

<LI style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>Amendments to IAS 1, Disclosure Initiative</FONT> </LI></UL>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 8pt" lang=EN-US color=black 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 face=arial,sans-serif>These amendments provide additional guidance in conforming with the presentation and disclosure requirements in IFRS, including clarification of aggregation, additional requirements for presenting sub-totals, and presentation of other comprehensive income arising from equity-accounted investments. These amendments do not affect recognition and measurement and should not result in the reassessment of the judgments about presentation and disclosure made in periods prior to the application of these amendments. These amendments are not expected to have a significant impact to the Group&#8217;s consolidated financial position or performance.</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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IAS 19, Discount Rate: Regional Market Issue</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>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>IAS 19 is amended to clarify that high-quality corporate bonds or government bonds used in determining the discount rate should be issued in the same currency in which the benefits are to be paid. Consequently, the depth of the market for high-quality corporate bonds should be assessed at the currency level and not at the country level. These amendments are not expected to impact the Group&#8217;s consolidated financial position or performance.</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>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IAS 34, Disclosure of Information &#8220;Elsewhere in the Interim Financial Report&#8221; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US 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 face=arial,sans-serif>IAS 34 is amended to clarify that the interim financial report is incomplete if the interim financial statements and any disclosure incorporated by cross&#8209;reference are not made available to users of the interim financial statements on the same terms and at the same time. These amendments are not expected to impact the Group&#8217;s consolidated financial position or performance.</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>

<a name="_bclFooter253"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT face="times new roman"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></FONT><FONT face="times new roman"><FONT style="DISPLAY: none"><FONT lang=EN-US face="times new roman"></FONT></FONT></FONT>&nbsp;</P></DIV><FONT style="FONT-SIZE: 11pt">

<P style="TEXT-ALIGN: center">F-127</P></FONT></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_254"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader254"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>As of </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>December 31, 2013 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>(Restated) </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>and 2014 </FONT></B><B><FONT style="FONT-SIZE: 9pt" face=arial,sans-serif>and for </FONT></B><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>the&nbsp;</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN face=arial,sans-serif>years ended December 31, 2012, 2013 and 2014</FONT></B></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: baseline" align=center><B><FONT style="FONT-SIZE: 10pt" face=arial,sans-serif>(Figures in tables are expressed in billions of rupiah, unless otherwise stated)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">
<A href="#toc"><U><FONT style="FONT-SIZE: 8pt" lang=IN color=blue face=arial,sans-serif>Table of Content</FONT></U></A></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>44.&nbsp; NEW ACCOUNTING STANDARDS AND INTERPRETATIONS NOT YET ADOPTED</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Effective for annual periods beginning on or after January 1, 2016 (continued)</FONT></U></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<UL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=disc>

<LI style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Amendments to IFRS 10, IFRS 12 and IAS 28, Investment Entities: Applying the Consolidation Exception</FONT> </LI></UL>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face=arial,sans-serif>The amendments of IFRS 10 provide clarifications on the application of consolidation exception for investment entities. An investment entity parent is required to fair value a subsidiary providing investment-related services that is itself an investment entity rather than consolidating it. An intermediate parent owned by an investment entity group can be exempt from preparing consolidated financial statements. A non-investment entity investor can retain the fair value accounting applied by its investment entity associate or joint venture. These amendments are not expected to have an impact to the Group&#8217;s consolidated financial position or performance.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US 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 face=arial,sans-serif>The following new or amended standards, that will be effective for annual periods beginning on or after January 1, 2016, are considered to be not applicable to the Group&#8217;s consolidated financial statements:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>IFRS 14, Regulatory Deferral Accounts</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IAS 16 and IAS 41, Agriculture: Bearer Plants</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 11pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>Amendments to IAS 27, Equity Method in Separate Financial Statements</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Effective for annual periods beginning on or after January 1, 2017</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>IFRS 15, Revenue from Contracts with Customers</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face=arial,sans-serif>IFRS 15 establishes a comprehensive framework for determining whether, how much and when revenue is recognized. It replaces existing revenue recognition guidance, including IAS 18, Revenue, IAS 11, Construction Contracts and IFRIC 13, Customer Loyalty Programmes. IFRS 15 is effective for annual reporting periods beginning on or after January 1, 2017, with early adoption permitted. The Group is currently assessing the potential impact of IFRS 15 on its consolidated financial statements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif>Effective for annual periods beginning on or after January 1, 2018</FONT></U></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=symbol>&#183;</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=arial,sans-serif>IFRS 9, Financial Instruments</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face=arial,sans-serif>IFRS 9 includes revised guidance on the classification and measurement of financial instruments, including a new expected credit loss model for calculating impairment on financial assets, and the new general hedge accounting requirements. It also carries forward the guidance on recognition and derecognition of financial instruments from IAS 39. IFRS 9, published in July 2014, replaces the existing guidance in IAS 39, Financial Instruments: Recognition and Measurement. IFRS 9 is effective for annual reporting periods beginning on or after 1 January 2018, with early adoption permitted. The Group is currently assessing the potential impact of IFRS 9 on its consolidated financial statements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center"><FONT style="FONT-SIZE: 11pt">F-128</FONT></P></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>x15040216512000.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512000.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`$G`7$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V6B@T4`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`45'//#;0M-/*D4:#+.[
M!0/J37`^(/B]I5ANAT>(ZC.#C><K$/QZM^'YTFTAI-['H$DL<,;22NJ(HRS,
M<`#W-<-XC^*^C:3OM]-']IW0X_=G$2GW;O\`A7E^MZYXG\4,7O\`[3)!G*P1
MQE8E_`=?J<UA&&42>68G#_W2IS^59.JGHC94FOB-W7/''B#7V(NK]XX"<BW@
M^1!^7)_&J.D^(M8T2Z^T:=J$T+G[R[MRO]5/!IUKH<TF&N#Y2_W1RW_UJEN=
M!X+6TF?]E_\`&LO:*^YK[/38]%\/_&*TF"0Z]:M;2=#<0#=&?<KU'X9KT6QU
M"TU*V6YLKF*XA<<21L&%?,?V*[\TQBVE9QV5"?Y5>T^[U[PY<?:K)KNR;N0I
M"M]0>#^-:*JKV;,W1;U1]+9HKRKP[\8U)6#Q#:[<\?:K9<C_`($G^'Y5Z5IV
MJ6&KVPN=/NX;F(_Q1,#CZ^GXULFF8--;ENBBBF(****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`#10:*`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BJU]J5EIEJUS?745M"O\<K!17G/B'XQV\0:#0+4SR<C[1<#:@]PO4_
MCBDVD-)O8])NKNVLK=I[JXC@B7DO(P4#\37GGB/XP65IOM]!@^VR]/M$@*Q#
MZ#JWZ5Y9J^MZGKUS]HU2\DN7[!CA5^BC@53CB>9PD2%V/8"LG4[&T:?<UM3U
M[7?%M]''>W<EPSMB.%?EC4^RCC\:[30?"EMIL2N8UFN,?-*XX!]%%8O@S1FA
MOWN;C;O5-JJ.<9[UUMSK]E97+VLBR[XR%.U01TSZ^AKQ,;5J5)^RALMST\/"
M%.//+J6C;2`<,*J7-G%-E9X@3ZD<CZ&G_P!NV8W9$HVD@_+[XS],FG1ZE!>W
M/V7R95?YN6P,;3@]_6O,]C4C[R5CL5:+T9S.H:>]D^0=T1Z-Z>QJ32]-:\?>
MX/E`]!_$?2NO-G#<V,EL;=&+?>8MROO_`/JIEK;):Q"-4V[>,8Z5V3Q%14DN
MKZF$:<.=OIV(8;'RT"H%C4=@*<UHQ&-X/L15?^W;/[3);XDWQD@_+QQQ2Q:[
M:3*S*)1L5F.5[*1G_P!"%<CH3W:-O;K9,YSQ'X1BN8WN+.(0W2C.U1A9/_KU
MQ-AJ-_I-UY]A=36DRGDQL5Y]QW_&O84F2\MW=%8*"0K,,;L=Q[5YYK^@HVIS
MR6[[&=MQ4],GG\*]/`UYINE-[')B:<9+GBCJO#GQBD3;;^(;;>.GVJW7G_@2
M?X?E7I6D:YIFNVHN--O8KE.X4_,OU'4?C7S3<6L]JVV:,K[]C^-+9WMUI]RM
MS97,MM,O22)BIKVE4/,E370^I.U%>/>'_C%>6^V#7K874?`^T0`+(/<KT/X8
MKT_1O$.D^(+;S],O8[@`?,@.'3ZKU%:J29BXM;FE1113$%%%%`!1110`4444
M`%%%%`!1110`4444`%%%%``:*#10`4444`%%%%`!1110`4444`%%9^K:]I6A
M0";5+Z*V4_=#GYF^@')KS/Q'\8II2\'AZV\E.GVFX7+'_=7H/Q_*DVD-1;V/
M4-2U;3]'M3=:C=Q6L(_BD;&?8#J3]*\T\0_&,Y:#P]:@CI]IN5_]!3_'\J\S
MO;^\U.Y:YOKJ6YF8Y+RN6/X>GX5'#;S7#;88RY]NU9.H;1IKJ6-3U?4=:NC=
M:G>2W4O8NW"^P'0#Z56BAEG?9$C.?85L6NA*,-=/D_W%Z?G6K'%'"@2)`BCL
M!6$JB-XTS(M=!Z-=/_P!/\:UH8(H$V11J@]A4E%8N39JDD:.B7`AO"I./,&!
M]16_+I=G?!V?<&>42M@@$,%VC\NOUKCP2#D'!%;%GK850ER&R.DB_P!:\[$T
MJBE[2G\SJI2@UR3-:30+.7[YE/!!P^,\D]O=OT%2PZ;!9SK<+(^Y5*G=@[LG
M/IZ^E5!K-KC/VO\`G5&\UU-I6V)=O[[=!7+'ZQ/W;,V<:4=;HOW6NI9WR+C<
MO20`]%_QJZ+QG*L-OE@?*JCC%<4S%F+,26/))[U<L=4DL_D;YXO[N>1]*Z*N
M$DJ:4'K^9G"M%SO)'2?V9:7"@J[J?,:1L8R=W4'CIQ4::!;1@A)9@&#!AD<A
ML9'3_9%5X=4M)0&6<(?1N#4DFKV\8YN@?93DUR*==>[9FKITGK=%P1QV%N\:
M2,4)+`,?N`\G\*Y"\F%Q=R2CH3Q]*M:AJKW0,<8*1GKGJU9]>AA:,HWG/=G/
M5G%KECL-9%=2KJ&![$9K,NM#BDRUNWE-_=/(K5HKN3:.9I/<Y.XLY[5L2QD#
MLW4'\:9!<36LRSVTTD,J\J\;E6'XBNN90RE6`(/4&LVZT2"7+0GRF].JUK&I
MW,W#L='X<^+NI6&RWUN+[?`./.3"RJ/?LWZ5ZAH?BO1/$29TR^220#+0M\LB
M_53S7SI<V-Q:'][&=O\`>'(J&.22&598I&CD0Y5T8@J?8BMXU&82IH^J:*\2
M\/\`Q;UC356#58QJ4`X#D[91^/1OQ_.O4/#_`(RT/Q)&/L%V//QEK>7Y9%_#
MO]1FM5),Q<6C=HHHJB0HHHH`****`"BBB@`HHHH`****``T4&B@`HHHH`***
M*`"BL;7O%FB^&XM^HWBHYX6%/FD;_@(_K7EWB+XN:KJ!:#1H_P"SH/\`GJV&
ME;^B_K]:ER2*46]CU;6_$FD>'8/.U.]CAR,K'G+O]%')KS'Q!\8KZ[#P:':B
MSC/'VB;#2$>R]%_6O.IYYKF9IKB5YI6^\\C%B?Q-/M[.XNFQ%&2.['@"LI5#
M6--"7=W<W]RUS>7$EQ,_WI)6+$_B:(+6>Y;;#&6]^P_&MBUT.*/#7#>:W]T<
M+_\`7K35%10J*%4=`!BL'4['0H=S+M="C3#7+[S_`'5X%:D<:1*%C0*H[`4Z
MBLG)O<T22"BKUKIAN;%KKS&'[SRT1(RY+8SS_='O4_\`PC.JABIBC!'K*.3S
MQ_XZ?RHY6+F1E45JCPUJ;9^2(8..90,].1[?,OYTP>'M2(R854>K.`.A/\E-
M/E?8.:/<S:*V!X9O?*9FDAC=<Y5WP#@J.#[[A3+30)YM3DL+AQ;RQQ>8W\6.
MG!YZ\T<K#GB95=NDEB)K*S=(I)G@C=%$('ECRCN);ODXKGI/#.I([A41E5R@
M8N%S\VW.#T&:L)I_B%+N&[50)DQ#&Q*Y``*]#VX-7&ZZ$2M+J+H^FFYT"^D$
M'F&;<$?;G9L7=U[9Z5<LRL.L:58JD:VYM!,V8P=SF-B6/K@_RJO*NIKJT<!O
M@AM[?[1F.$8`906`4?>-/2UUJ*&R^P7"S*HS'YD:J\62PQSR!P:I:="7KU,"
M]F\^[>3SQ.#TD$>S=_P'M4%;%UHFKW$KW$T<)<C)VLJY`4'@#V(-1GPWJ@9E
M\E#M!)(D&."1C/KD&LW&5S525MS+HK7BT'S-3DLC<A!'`LQD*^H!QU]Z1O#6
MHYS&(I(R?D<2`!AS@_0A2:7*PYT9-%:I\.7Y1&B:"4.@<;)1W!('N<*:8_A_
M48E+211H`F\EI`,#('/YBCE?8.:/<S:*UV\-7J6SNVP2H^#'N'*[=V0>_%1W
MN@7UE%-,RJT,1(+;AG&=N<?6CE8<T>YED`C!`(/8UGW6C6\^6B_<N?3I^5:-
M%)-K8;5SEKG3[FT/SIE?[R\BJR.T<BR1N4=3E64X(/L:[+VJA=:/;7&60>4_
MJO0_A6JJ=S-P[&EX>^*>NZ.5BOV_M2VSR)6Q(H]G[_CFO4_#_CG0?$2*MK=K
M%<'K;SD(^?;L?PKP&ZTVYM<EDWI_?7D54[@]QT/I6\:C,)4T?5=%>">'?B;K
MVA!89W&HVJ\".X8[E'L_7\\UZEX>^(>@^(2D,=Q]DNV`_P!'N#M)/^R>C5JI
M)F+@T=31115$A1110`4444`%%%%``:*#10`4E<]XB\=:'X:5DNKGSKD=+:#Y
MGS[]E_&O*O$/Q1U[66:*SD_LRV/186_>,/=_\,5+DD4HMGK'B'QKH?AI2M[=
MA[C'RVT/S2'\.WXXKR[Q!\6-:U56@TU!ID!X+(=TK#_>[?A^=<*268LQ+,QR
M23DD^YI*R<VS502W'.[RR-)([.['+.QR2?<U-;6-Q=G]U&=O]X\"MWPQHMG?
M7=F+E6<3R!2,]!FO41X%T8#`^T`#L)/_`*U0E*7PFC<8[GE-KHD$6&G/FMZ=
M%%:2J%4*H``Z`5Z)_P`(-H_K<?\`?S_ZU'_""Z/ZW'_?S_ZU2Z-1[C5:"//*
M*]#_`.$%T?UN/^_G_P!:C_A!='];C_OY_P#6I>PF/V\#SRBO0_\`A!M'];G_
M`+^?_6JMJ'A;P]I=H;J[EN(X595+&3H6(`[>IH]A,/;P.(2:6)66.5T#C#!6
M(#?6G&ZN6.3<2D^I<UVMSX7\.VEU:VTTMPLMVY2%?,^\0,GMZ"F3>'/#<&JV
M^F237`N;A&>-?,Z@?A]<?0T>PF'MX'&?:;C_`)[R_P#?9]O\!^5!N;@J%-Q*
M0,X&\X&>OYUU.H:7X6TN>6*[:\C$+1*\F[*KYF=I^G'-7+KPOX?M1:EC=.MW
M,L43)(""6!(/TXH]A,/;P..@N7-Q'Y]S*(P?F/+<=>G?H*W(]+-[9SZO;ZE.
M)W=OG/R;CE<Y(Z<M^E7M7\/:-I$2RO9:E<1$@%X9%PI)``.2.I-$V@^'K3[%
M'>_;;66^D\N.&249#>^,@=OS%4J,EN2ZL>ADG1-6B20-?*GE_.Z-,1MRQ`./
M<C]14=YI6H6,<LL]\N(65CB5B2QSC'OP>:Z&]T'2+#%A&M_<S77S"VAD!9@O
M\3$\`#/4FJ%WI&F6-H;B[T?6$56"MB:-L9(`YSSDFAT9![:)0BT+5+A8+P72
MAIMNQS(VX9!QS^%1V>F:G?&=X[HJ;=RK;I&SD9/]#^-;(T?P]&;A;I-0LC:P
MK-(LL@^4,2`!MSDY'0>HI]IX9L+B9%;2M5MHI!E99)4_\>4'*_C1[&0>VB8]
MIIEWJ&FK=QWLWG/+LVR.54`\?>/7\*L)H5P+:4R7\GGKO4!9/E/"D9)]2W-;
MTG@G18HV>1[A40%F)EX`'?I6+)8Z`+&:]2RU6:"!0TK)(OR9&><D=L'\:/92
M$ZL>YG76C75F));N\C"*5C<JY9F!SQCOPO\`*J<]QY;"*TN[AH5'`<E<'O@`
M^]=39^'M%O+Q+1[74;>9X3.%FD7[H(';/K4,^C^'X7:..VU&>479M!'&ZY9]
MN[C..,4G1ET*5:/4Y43S*`!-(`.F&/'^<FE-Q.PP9I",8P6/3TKMX?!^F2VC
M3/9:A"XS^YDD7><?3CGZUFP:9H$@NGGL=3M(;1BDTLSIA6`!V\$DDY&,4O83
M'[:!S1N;ACEKB4GW<^F/Y5)-?W4\"02SNT:9PI/7)SSZ\UTK:+H\"K->Z9JM
MG:L0/M$LB$)GH6`R5'N:;+I?AZ"[N(9+;4A#;2K#+=!E,:,P!&>^/F'.*/8S
M#VT#E**[/3_#^@:E<21017V(UW&1G`4C<0/SP2/:M#_A!M'];C_OY_\`6H]A
M,/;P//**]#_X0;1_6X_[^?\`UJ/^$&T?UN/^_G_UJ/83#V\#SRJ-UI-M<Y8+
MY;G^)?\`"O4?^$%T?UN?^_G_`-:C_A!='];C_OY_]:FJ-1`ZT&>+76E7-KEM
MOF(/XE_PJE7NW_"#:/ZW/_?S_P"M7#>,O#.FV&I^1;HZ_N@^XG)SS5-2BKR)
M4HR=HF7X?^(GB#0&2,7)O;5>/(N3NP/]ENHKU3PY\2M!U[;%)-]@NC_RQN&`
M!_W6Z']#7@5!`/!&:M3:(E!,^J@0<$'(/2EKYW\.^.]>\-%8[>Y^T6H_Y=K@
MEE'T/5?PKU+P]\4]"UEU@O"=,N6X"SD>6Q]GZ?GBM%-,R<&CMJ*165P&4@@\
M@CO2U9`4444`!HH-%`'/7G@+PM?W4ES=:1%)+*Q9VWN,D]>AJ#_A6O@__H"1
M?]_'_P#BJZBBE9#NSE_^%;>#O^@)%_W\?_XJO%_&5A:Z7XNU&QLH1#;PR@1Q
M@DA1M![_`%KZ0KYW^(7_`"/FK?\`78?^@+45%H:4WJ:7@W_C[TS_`*[#_P!"
MKV2O#=()&G0D$@C/(^M=1H-R\\B6(DD,TKG;ECCIZ_A7-"KR-JUSHG3YK.YZ
M517-_P!AZC_ST7_OX:/[#U'_`)Z+_P!_#6WM9_RF'LX?S'245S7]AZC_`,]%
M_P"_AI?[#U'_`)Z+_P!_#1[6?\H>SA_,=)61KVGOJK6%FT'FVC7&^Z]`BJ<`
M_5L52_L/4?\`GHO_`'\-)_8>H_\`/1?^_AH]K/\`E#V</YBD=`U81B\N1]IN
M].FBCL0IY:%&R6_WF!P?]VGR>'];U".YOWN+>UN[B59XHY(BSP;/]6FX-@<=
M>/XC5O\`L/4?^>B_]_#2?V'J/_/1?^_AI>UG_*'LX_S%>?3M2O\`5%O9-/>,
M2S6;R(Q!V[=V\?AFI[KP_>6NH6`TUE;3$O%G>W8\VY&<E#_=.?N]NU4-82;1
MXD:Z<_O<JNQB>:Y'SYO^>TG_`'V:3Q#3LXEJA=73/3_$5I/>:08+:,R2&:)M
MH/8.I/Z"LJ]T+5-;O;^XFFAM8I5^S0)+"79(P<[P0PP2W/X"L'0)WNGCL$D<
MSNQ(W,<=,]:Z/^P]1_YZ+_W\--5I/:(G12WD):KJ]K=PZK=6$D\C6WV6ZCB(
M+@HQ(D09Y5LY(Z]*L:M]JUG09XX-/N8G,L>Q)@%9P'4DXSP.O7TJ#^P]1_YZ
M+_W\-)_8>H_\]%_[^&G[6?\`*3[./\PNK:->WNK7T\"*/W-L\#.?ED>.1F*G
MTZC\ZT8=3FNF\F71[^$LI\PR*NU>.@8'YL]!BLW^P]1_YZ+_`-_#1_8>H_\`
M/1?^_AH]K/\`E#V<?YC>M$C%C"B0/#&(P!%)]Y1CH>M5-?M);KP]?VUK%OEE
M@941<#<2*S/[#U'_`)Z+_P!_#2_V'J/_`#T7_OX:/:S_`)0]G'^8ENM%-]X@
MMIKB.86\=@8R\<S)A]P./E(/2LJ?0+B!=@L+JXMTU<S[(Y<R-%Y>,ABP/7WK
M0_L/4?\`GHO_`'\-9.N>;I,8AN9&WS(VS8Q/M2=:2WB-4HO12.MTJ-([$+%:
M7-JNX_N[EMS_`%SD_P`ZQY=&OI[?50B*DKZBMU;B0_+)M"$`^@)4BN!\^;_G
MM)_WV:Z'P_+)?[+&&1_.52QW,0,?7\:7UB^R*="VK9T>HW5_J^FS:;#H]U!-
M=(8I'N0HCB!X)W`G=@=,=:CL?#:-J6H27RSM";B-H8S*?+D"QH`Q4=3D=_2D
M_L/4?^>B_P#?PTG]AZC_`,]%_P"_AJO:S_E(]G'^8Z0*%^Z`/H,4M<W_`&'J
M/_/1?^_AI/[#U'_GHO\`W\-'M9_RA[.'\QTM%<W_`&'J/_/1?^_AI/[#U'_G
MHO\`W\-'M9_RA[.'\QTM%<W_`&'J/_/1?^_AI/[#U'_GHO\`W\-'M9_RA[.'
M\QTM>=>/O^0W_P!NZ_UJQKS2Z6IMKB1O-EC)38Q(_.N5E9G5BS%CCJ3FLJE5
MR7*U8VIT^5\R9R$2AIXU(R&<`_G7T`/AMX/P/^))%_W\?_XJO`(/^/B+_KHO
M\Z^IQ]T5O`QJO4Y?_A6W@_\`Z`D7_?Q__BJ/^%:^#CUT2+_OX_\`\57445I9
M&5V16]O#:6\=O;QB.*)0B(O10.`*EHHIB"BBB@`-%!HH`****`"OG?XA?\CY
MJW_78?\`H"U]$5\[_$+_`)'S5O\`KL/_`$!:SJ;&E/<DTG_D&Q?0_P`ZZ'PO
M_P`C)9?[Y_D:Y[2?^0;#]#_.NA\+_P#(R67^^?Y&N)?&=K^`]1JKJD\EMI5Y
M<1'$D4#NA(S@A215JJ]_;&\T^YM0P0SQ-&&(SC((S7I'G'`1^+=7-BKOJJ_9
MC+;!K_[,H\LNI,BXQ@[<=:TK/6]?U.WT^U2Y2TNIK6:Y><P`^8JMB/Y3T#<$
MUL7?ATW>BZ7IKS(5L9(FD)7B0(,$8]ZI)X6U*SAM&LM1A-Q:12VR-,C$&!SE
M0<<[EX^N*`,QO%&LWD#W]I<QPI;Z5'>M;F(,LC;B'7/4#@XQ5_4O$5_&FKRV
M\H1;>"UD@!0';YA^;ZTC^";E$^RVNHQQ6LEA'93%HB9"JDDE><`G)J?5/"UW
M=W5PMI=016=Y'!'.LBDN@B/&W''(]:`)K2XU36=0U,Q:D;*VLYS;1I'`KEF"
M@EB6]SP*F\'W5]J'AZWO[^[-Q+<`M_JU0)@D8&/I3[/2+W3M9NY[6YA-A?2>
M=+#(AWH^W!*D<8.!UJQH&EOHNB6VG/*LK0*0748!R2?ZT`8/Q!_X]K+_`'V_
MD*XBNW^(/_'M9?[[?R%<17!6^-G?1^!&SX1_Y&6U_P"!?^@FO3:\R\(_\C+:
M_P#`O_037IM;X?X3"O\`$%<[XNU6XTM-/\B_%BEQ<%)9C&'P`C$<'W`KHJSM
M3TQK^]TVX654%E<&9E(SO&TK@?G70<YQ=EXL\07&IVL,LRI<2&V_T'R!^\5\
M^8V>JX`!]LUK1:WJM\UG80W2PS7=]=1M<>4&*11,<``\9Z#)JY?>%YKG7)M7
MANTBN#)!)"2I.S8"&!]0P)%-_P"$7NX([:>SO(EO;6[GN(VD0F-EE))1@.>A
MZCTI`,L-3NYO%]YIL^KL%M601VXMU_?#9EB6QQSSUKJ*PK#2=5L];NK[[59M
M!>LC3QB-MP*IM^4YZ9]:W13`*X?X@_\`'W9?]<V_F*[BN'^(/_'W9?\`7-OY
MBL:_P&M'XT<C71>!_P#D8/\`MBW]*YVNB\#?\C!_VQ;^E<=/XT=E3X&:WC'7
M;_2;ZWBL[X6V^UEE5#")/.D4KM3'7G)'%4[/Q+K,OB=;-YU.+A5FL?*'[N+R
M@S/NZC#'%=3/IC3>(+35!*H6V@DB*8Y)8@YS[8K,/A:5==DU>*[197O/.P5/
M,10(\9^N,BO1/.*.F^(=4+V%Y>7$<EKJL4[QPB(+]G*`LN#WR!SFJVF^,=0N
M!X>2=EWW+R"^PHZ#A?IG(/%7H?!]XD<=L]_"UM9PSQV8$9W@R#&7]=H)'%)%
MX',-R)TNTR&MB`5.!Y8P^/\`>H`9I>L:Q>S::T]\BQ:TDQB5(%S:E>5P?XOE
MZY[TW1]:U9X-*N+O4//%W>S12*857"('QC`[[0:OZ3X8N=/OK)I[N*6TTP2B
MT14(<[S_`!'IP..*=8^&)+6WTV%[E'^Q74T[84C>'W<#TQNI@9,'B36%M;:^
MGNHWBU.UN)88Q"!]G9`67!_B&.N>]6_"_B+4-6U*WM[IUP-.\R90H&90^"?H
M1@X]Z6#P?=JD=M-?0O:V=O/#9@1D,/,&,OV^4<<5<T?PQ_9.K)?BX5_]`2UD
M0+C+KCYQ]0!0!A^/_P#D)VO_`%Q/\ZY.3[C?0UUGC_\`Y"=K_P!<3_.N3D_U
M;?0UY]7XV>A2^!')0?\`'Q%_UT7^=?4X^Z*^6(/^/B+_`*Z+_.OJ<?=%=5,Y
M*NX4445J9!1110`4444`!HH-%`!1110`5\[_`!"_Y'S5O^NP_P#0%KZ(KYW^
M(7_(^:M_UV'_`*`M9U-C2GN/TG_D&Q?0_P`ZZ+PO_P`C)9?[Y_D:Y[2?^0;%
M^/\`.NA\,?\`(R67^^?Y&N)?&=K^`]1HHHKTCS@HK)'B"!-0N+6X7RA"Q"OD
MG?@9/:FS^););1Y;<M)($+(C(1D=,_3WH`V**QK;Q-9O;H]PWENP&0BD@$]!
MGU.#5IM:LDA25G<*Y8#Y#D;3AL^F#0!?HJKIMT][I\-TZ;&E7=MQC%6J`.0^
M(/\`Q[67^^W\A7$5V_Q!_P"/:R_WV_D*XBN"M\;.^C\"-GPC_P`C+:_\"_\`
M037IM>9>$?\`D9;7_@7_`*":](FN8;?;YTJIO;:N>YK?#_"85_B):*,'TJK_
M`&G9CS<SJ/)(63(/RDD@?J#70<Y:HID4J3QK+$X=&Z,IR#3\'TH`**0,"S*#
MRO4>E(TB*ZH6`9NB]S0`ZN'^(/\`Q]V7_7-OYBNXKA_B#_Q]67_7-OYBL:_P
M&M'XT<C71>!O^1@_[8M_2N=KHO`W_(P?]L6_I7'3^-'94^!GHE%07MP]K:O-
M''YK+C";L9R:I1>(=/E$8$A9Y.%"(2&;N!QSBO2/.-2BL@^(K9Q"L)W22S+%
M]T[<[@&P?4`TR7Q-;6S8NHFA'GM$">0X!(W+CKR,8ZC-`&U161'XHTQRX:1X
M@K;5+H1OX!X_/'Y>M-N?$]C%;-)$SLP428:,@;,@%C[<T`;-%99\1:>K$/(P
M&X`$(3UZ`\=3@\5>M;J*[A$T))7)7D8.0<']10!Q/C__`)"=K_UQ/\ZY.3[C
M?0UUGC__`)"=K_UQ/\ZY.3_5M]#7GU?C9Z%+X$<E!_Q\1?\`71?YU]3C[HKY
M8@_X^(O^NB_SKZG'W1753.2KN%%%%:F04444`%%%%``:*#10`4444`%?._Q"
M_P"1\U;_`*[#_P!`6OHBOG?XA?\`(^:M_P!=A_Z`M9U-C2GN/TG_`)!L7T/\
MZZ'PR2/$5GCKO./R-<]I/_(-B^A_G71>&/\`D9++_?/\C7$OC.U_`=G:7FHB
MT2>5+F:8JI2-4_=L"!DL0,Y!SQUXXJ5=3U=F4?V4%#'`+,>.!R>.G)_*MFCB
MO2/..>6ZO;AY/,\/1Q&09+R+ORPZ`X'/KGI3=VIR6:B71HC*/FW;01G)`&W'
MX_0]:Z.B@#$MV>\TFX,FE1%D4ILB('FL!R0>PSQ^=*]KY4-G%]EEBMU5G(B0
M2.LA((R2#QR>16SP.@Q2,Z(`795!.`6.,GTH`Q5U+5@C)%I`0(O&<CG(&`,=
M1G/IQ20:IK;+MET<!E7+-N.&(]/K6Z"",CD'O10!Y]XGGO9]/MS?#$BS$$`8
M`.Q20/H2:YJNW^(/_'M9?[[?R%<17!6^-G?1^!&SX1_Y&6U_X%_Z":]"U"P&
MH1+&9FBVG.Y5!(^A['W%>>^$?^1EM?\`@7_H)KT*YU.SL[B.WGF"RR\H@!)/
MY?YX-;X?X3"O\10'AF%0NR\G4CKDY#<`<COTS]33[?P_':V[Q1W<I9BC>8R@
MD%&+#Z\FI]-US3=61FLKG?MVDAE*'#?=.#C(/:KPEC/21#V^\*Z#G,@^&HFN
MO/:\N&+-O=,X5SG)X'0'TIG_``C$1"A[ZY<*".3R>,<GOCJ/2MDSPJNXRQ@8
MSG<.GK45O?VMVI>"973C:^?E?(R-I[\4`9Q\-Q$$?;;G[I"X;[G.<CW[5&?"
ML)E,OVV<.0!E0!@8QCZ'&3ZUMB6/!/F)QU^8<4,Z*0&=5)Z`L!F@#/L]%CL[
M@3BYE=P2<'I@C&T#L.^*YGX@_P#'U9?]<V_F*[821MPKJ2>F&!KB?B#_`,?5
ME_US;^8K&O\``:T?C1R-=%X&_P"1@_[8M_2N=KHO`W_(P?\`;%OZ5QT_C1V5
M/@9Z$\<<R&.5%=&ZJPR#7,V;ZC%$XN-(6<NP&YXL<#`V\#MR<].*ZBC..]>D
M><<XMY>F;/\`PCB1D''F[>5_VN!G'ZTLD6JF"V*VZN([99)8I5&'D).X$8ZD
M=^*Z*FLZ1J6=E51U+'`%`&(;O48W,46AQ80GY@"%XZ8XYS@$8]JAEN-2VLD&
MAQ1N7PY"9R,C+`XQSV[C%='Q2!U+%0P++U`/(H`YXRWDT+0'0$5&0E^"I&`>
M,@<D^HXYK<M;:*SMU@@7:BY(!.>2<FIJ*`.#\?\`_(3M?^N)_G7)O]QOH:ZS
MQ_\`\A.U_P"N)_G7)O\`<;Z&O/J_&ST*7P(Y*#_CXB_ZZ+_.OJ<?=%?+$'_'
MQ%_UT7^=?4X^Z*ZJ9R5=PHHHK4R"BBB@`HHHH`#10:*`"BBB@`KYW^(7_(^:
MM_UV'_H"U]$5\[_$+_D?-6_Z[#_T!:SJ;&E/<?I/_(-B^A_G71>&/^1DLO\`
M?/\`(USND_\`(-B^A_G71>&/^1DLO]\_R-<2^,[7\!Z9<7$-I;O<7$JQ0QC<
M[N<!16>]M8:[$E_!/(6V%890S*$//.TXY!YY]!5S4=/@U2PELKD,8I0,[3@@
M@Y!!]00#6;+X7BN)XY[C4;V:10H=F=?WFTDKG`[$]J](\XR[71M:L88[+3]1
MTZTE3YYO++,TPX`D?=D]CD=_6K8TWQ2&S_;D1/4J5&.K>WH4_$&FGP%I9109
M[DNJ!`Y8$X#%N>.1ST/M2GP+I31&,S739!&]I,M]P)U]L9^M`#([/Q-*KF#7
MHR1E/WL0'S!0"0-H_B#8/3!'6J6H:9K]P]K;WVMVDV)$D6$)ELAC@D!?FZ@;
MN!6A+X'L)IO,:\N\E9%.&7/SG)YQGOQ20^`]+AG6<37!D5MP;(!'S!L#`X''
MZT`5[;1_$EA)!!'JK,L\Q\Y@JF.&,*OW<CAL@@`<8-=+;:A:75Q+;P3B22$X
MD`!^7G'7IU!_*L$>`=+"%3<W;9#`9D'&1C/3J/7KFNECC2-0%4#CD@8S0!R7
MQ!_X]K+_`'V_D*XBNW^(/_'M9?[[?R%<17!6^-G?1^!&SX1_Y&6U_P"!?^@F
MNYU?6]+TJ:"#4)?*:Z5]C;>`%&3D]O;WKAO"/_(RVO\`P+_T$UWVH:'IVJ2K
M+?6PG94V`,3@#<&Z?516^'^$PK_$<?'%X+FL++R(+SR+=5D>XCB)\L-P#,>Q
MX_#VI&?P<;=T5;T"`M`VT`&3S'89S_O*1G@X`[5;OQX2T[6HM/E@9'+YN,RN
ML8&&D!8='&1T[9J>2R\$IYT)NHD\R032!)VY<-D-QW!?]0*W.<@/A30K?44%
MS<M#;BV0HLDBKSN8\G\>@P..]3'POX3V1C^T%55VH,72`':JC'UP`<CGGWK0
MOHO#5TEKJ5Y-$R,!%!*7.&VY./<]:R)=.\$2-#,-1@6WC4QM&DIPX"JO)'.`
MH'US3`N/X<\,*K)_:"Q[&4/BY4'=O9QD^N6/OBG7EGX8UZ\CU!]30R9"+MG4
M;BC'L>>N>G6LRSF\'P7223V2VKB<^5F0R*I5WYV_PK\I//K5]]*\.3SQ-9:?
M+>GS,/);2'8C;MPW'..KD^PS0`ZQTCPK::M826=W&;I4\N!4F#!]HY)QWP>>
MF:H_$#_CZLO^N;?S%=)9^&])L+J.YMK;9+$H5#N)P`H7^0%<W\0?^/JR_P"N
M;?S%8UO@-:/QHY&NB\#?\C!_VQ;^E<[71>!O^1@_[8M_2N.G\:.RI\#/1*Y?
M4;&UO8GN-,<_:H]1C$AF9R"Z."5XS@'@9QCIZ5U%8$W@[3Y;QKL37$<K3F9B
MC8W$L&P?8%?U->D><4W3Q+!<+#<:Y;K<73'[,BQ;D)&2P/'`V_J*L3Z=J=WH
MVH:3?:DD]Y<1_NG,>R-5!P">/O'&35*P^'\,:RC4+LS;B1&(^-HV%<G/\7.<
M^OK6O?>&+/49X)KB:=O(C6,+NX8#/)]3S2`JQ:?XJ3RU?6;8J2-Q*9*`-G'0
M;LCCM63<Z7XOT]I[N"\6YN;G:LA@"Y^52%)R!@9/3'XU=F\`VCRP+'>3I;JI
M\Q=V68[%4$'L?ER3UR:G'@;3A-)(+J\RYS@R`_Q;N<CYN?7-`%&-=8>YMHK[
MQ-"[M<QN([<8)"DADX'KQ@^AKLQ5'2]'M-(A>*VC'SRM*6*C.6)/]:O4P.#\
M?_\`(3M?^N)_G7)R?<;Z&NL\?_\`(3M?^N)_G7)R?<;Z&O/J_&ST*7P(Y*#_
M`(^(O^NB_P`Z^IQ]T5\L0?\`'Q%_UT7^=?4X^Z*ZJ9R5=PHHHK4R"BBB@`HH
MHH`#10:*`"BBB@`KYW^(7_(^:M_UV'_H"U]$5\[_`!"_Y'S5O^NP_P#0%K.I
ML:4]Q^D_\@V+Z'^==%X7_P"1DLO]\_R-<[I/_(-B^A_G71>%_P#D9++_`'S_
M`"-<2^,[7\!ZC0,GH*Y3QCXYA\-;;*UB%WJ<P^2$<A`>A;'/T%<)>0?$O6Q]
MHEBU!8VY$<;"(`>R@@UZ1YQ[,01U&**^?_[:\7>&KL+->:A:R?W+@DJWX-D&
MO1?!OQ)@UR5-/U18[:^;A'7B.8^GL?:@#NZ,U'//%:P23W$BQ11*6=V.`H'4
MUY=JGC3Q/XIO);7PE:SQVB';YT:?._N6/"_3K0!ZMM;^Z?RI*\8/@_XAL?.,
MMSOZ_P#']S_.K%GXO\9>#[F.+Q!:W%Q:$X(N!D_\!D'?V-(#L/B#_P`>UE_O
MM_(5Q%=9XLU2TUK1=-O[&7S()68@]P<#(/H17)UPUOC9WT?@1L^$?^1EM?\`
M@7_H)KTVO,O"/_(RVO\`P+_T$U:\2_$*]DU%]%\*6QN[E25DN%3?@]PHZ?B>
M*WP_PF%?XCMYM'L+JX:XFLTDE88+D')&TK_)B/QJ`>&M%602#3(5<="`1CI_
M\2/RKR2]TGXCS`W-TFJOW.V;G_OE35/3?''BC0+KRWO)I`A^>VO`6_GR*W.<
M]O73+%8XHQ:Q[(':2-<<*S9R?QW'\ZJGPQH;1",Z7!L&<#![]OIQTJIX4\8V
M'BJU)A_<W<8_>V['E?<>HJ[K^O67AS2I+^];Y5X2,?>D;L!0`Y=`TQ'\R&SC
MBFY*R*.5)W<C/^\WYU/IFF6^D:=%8VD92&(8&>I/<GW->53ZG\0?&),MA;W%
MK9M]Q83Y28_WC@M5<>%/B+9'SX9+LL.?W=[N/Y9H`]GKA_B#_P`?5E_US;^8
MK'\/_$75-,U!=*\70.F3M%P\>QT_WAT(]Q6OX_8-<6+*0RF-B"#D$9%95O@-
M:/QHY*NB\#?\C!_VQ;^E<[71>!O^1@_[8M_2N.G\:.RI\#/1*`">@->?>)_B
M#>'4'T7PK;&[NU)62=4W[3W"COCU/%<G>Z3\1[C-Q<IJK]_EFY'_``$&O2/.
M/;3GTHKP73?&OBK0KP0F[N)2K8:UNU+Y]L'D?A7L>@:\-8M8_M%J]C>%-S6T
MO7'3(]OU%`&O0*S=>UVR\.Z7)?WSX1>$0?>D;LHKS*?5?B!XR)ETZWN+6R8_
M(L)\I<>[G!:@#V###J#^5)7C`\)_$6R/GQ279<<_N[W<?RS6MH'Q%U72M072
M_%T$B@G`GDCV.GNPZ,/<4`:OC_\`Y"=K_P!<3_.N3D_U;?0UU?CQE?4;1T8,
MK09!!R",]:Y23[C?0UY]7XV>A2^!')0?\?$7_71?YU]3C[HKY8@_X^(O^NB_
MSKZG'W1753.2KN%%%%:F04444`%%%%``:*#10`4444`%?._Q"_Y'S5O^NP_]
M`6OHBOG?XA?\CYJW_78?^@+6=38TI[C])_Y!L7T/\ZWO#\RVVMV\[_=BW.?H
M%)K!TG_D&Q?0_P`ZV]$MS=ZK%;`X,RN@/U4BN)?&=K^`UOA_:VUS]I\6:M+$
M;V]E<Q-*P_=H#@D9Z>F?05W1OK,-@W<.<]/,'^>QKSKX?;+[3Y=$EN%M[^Q8
MJ873)8"0,"/HP((],5U2>$(XMYBO&5G`!<IR!@@XY[@X->D><:.J0Z-JUC):
MZDUM-`1R'<?+[@]CP?RKSZ#0+7P_=W5NOE7=G*I$<L*;I''=68'((!Z`<\&N
MM;P:'?S6OSYF".(_EYS[Y[G\ZQ?$MS#I$3Z!IQ%_K.HW`EC0#FW;/WC].P/O
MFD!"L>L>*;BT\-ZG/Y5C"OFSRAL272KC"$>HR,_G7;VTFDZ9:BTMI;6VA@^7
MRU<`+]?>O.+R631KR-;G=;WEI(&:8.J)$.,R#CY@V3A0.>1[ULZ`^F>+FEEB
MU%5NXVDWPA",AL_,`3RO.?;'-`'9?VIIV"?M]M@?]-1ZX_G4=W-I%_9R6UW/
M:SV\@*NCNI!]:RCX/BDE1YKDNJGE-IY7>6QUX/.,CM33X0BAMY5CO1$K!LR%
M.44@Y&<],<<]A3`\XEM6T/7K[0HIC)9*PGM^<\,!@_D1^53U'>77]K^)[W4X
M?GM(PMM'*`</M`&1GZ9_&I*X*WQG=1^`@O-1GTNTEN+9MLS*8U8=1N&,C\,U
MZ;X3T&S\+^'HEQ&DKQB2YG;@EB,\GT'2O*]8MY;C3I/*4LT?[P@>@ZUZKI-_
M:>+_``FAAGVF6(1S!?O1.,9'Z<5O0^$PK_$:PU&Q+[!>P%^N/,&:R/$OA?2O
M%EF\<OEK=1\1W,>"T9]#ZCV-(WA7=;^0+THN3RD?.#MXY./X!^=:6F::VG&;
M,XE$N&)*X(/<]>E=!@>3:!X8O=&UV9IKYK.^L<LNU?W>.Q9CP0WH.WI76:38
MGQ=K,VN>(/*%O82>3;V._*(PQEVSUSP1GVJ#6]3D\3>*([/P];I<G3D8W5UG
MY6'9`>AYZ>_XUR"^,Y]/OI;=(93;L&AN#,V99!D\D=`0>0,<'BD![5]NLE4_
MZ7`%4?\`/0``?_JH:^LT*A[N%2WW09!SVKEM(T/2]7LX-1TO4O-4'<"4Z$$G
M:RY[9`_"M%?"[QJHCO%&Q2L;&,[D.X-N'/4$4P%\4Z1I7B/2)+6YD@\X`^1+
MN&Y'Y``/N01CZUYQ::C-?>';""X8M+9&2W)/H""/RSC\*[G4+"+PUITNI7.I
M!H[<K(/,CPSL-Q"C!'4N:X2QLIK?0+.ZG4JU])+.`?[I(`/Z5C6^`VH_&.I6
MU671[&]N(&*S/`8HR.Q8@9_+-)5?4+&6]TN[\D%F@C\[`]%(S^AKDI_&CKJ?
M`STOPAH5EX8\/0YV)/,BR7,['!9CVSZ#.`*W/MMI_P`_4/WBO^L'4=1]:Q=$
MU&V\6>$X7MIE63RU63N89%QSCUR,BI(O#1A9F%YN+*4):,?=R#Z]<CK7H'G"
MZ]X?T[Q)#RZQWL0S#=1']Y&>1R1R1U!%<F\&II*MLK+;WFF@&-5)PK=B/[RD
M9Z]<]L5VFDZ.^ERRN;LSK(O.Y,$')/4>Y-<CK^J2^)?$B:?X;@CN)+&-_M5U
MDA2#_P`LP1UYZ>_XTP)M(T^;QIK+ZQK\2+!8-Y5OI^[*AL9+MZ@]O6NQ&I:?
M@!;VVQP`!(N!VQ7`:5?W.GNEY8PO(ZJ?-A(`W*."AR>&&">G'XUMZ9HNEZSI
MJ3Z;>@PD)YH*'<)%SD.">.N"#Z4`=.+ZS/2[@Z9_U@Z9QG\^*S/$>C:;XGTJ
M2RF,3R[28)`061L9!'MTX]#4$GA-9@RRWG[MNB+'C8,\`<]`*BGLXO"MK)K%
MSJ.Z*W3)5XP-QV[0%QW/`_"@#SJPU":\TFVM;ABTEAOM\GK@'(_+./PJ23[C
M?0U#IUG+#IL5[,NUM09YP#_=W8!_0U,_W&^AKSZOQL]"E\".2@_X^(O^NB_S
MKZG'W17RQ!_Q\1?]=%_G7U./NBNJF<E7<****U,@HHHH`****``T4&B@`HHH
MH`*^=_B%_P`CYJW_`%V'_H"U]$5\[_$+_D?-6_Z[#_T!:SJ;&E/<?I/_`"#8
MOH?YUT7A?_D9++_?/\C7.Z3_`,@V+Z'^==%X7_Y&2R_WS_(UQ+XSM?P&IXT\
M!7%]??V[X?E\C45^9XU;9YA_O*>S?SKE_P#A/?'.BG[-J%N79>,W-J=WYC&:
M]EI"-PPP!'OS7I'G'CJ^,_'OB-OLNG0-&7X+6]OMQ_P(]*[?P7X*7P\KWU_(
M+K5;@?O)2=VP'L">I]376`8&!@#T%%`&#XK\)6/BJQ$4_P"ZN8L^1<`9*'T/
MJ/:O&]5\->(?"EZ)9(9H_+;,=W;DE3[@CI]#7T%01D$'!!Z@T`>)6/Q5\2VL
M8BE>WN\<`RQ?-^8QFM.&3QS\00+>7_B7Z8Q_>N(S&A'\V^G2O4Q8V:OO6TMP
MW]X1+G^53T@.`\2Z+9Z!H6FZ?9)B.-W)8_>=L#+'WKF*[?X@_P#'M9?[[?R%
M<17#6^-G?1^!&QX41)/$-O'(H9&#AE(R""IXJ#6?!6O^%]1DU3PE-,UN_+0Q
M'+I[%3]X?K5CPC_R,MK_`,"_]!->FUOA_A,*_P`1XT/B=XOM?W5Q:PF0<?O+
M5E;\JEBNO'WCIOLNY[2R?B1Q'Y,8'N>K?2O7RH8Y903ZD9I>:W.<RO#OAZR\
M-:6EC9KG^*64CYI&]3_A7.>-_AW%K[MJ.F%(-0Q\ZMPD_P!?1O>NXHI@?/"/
MXC\':@Q476G3#ALCY7_HPKH;?XL>)G40K;VEQ(>`PA.X_@#7LCQI*NR1%=?1
ME!'ZTR*UMH#F&VAC/JD8'\J0'FNF^&?$GC6]AO\`Q9*\%A&=R6N-A?Z+_"/<
M\UJ^/(TBFL(XT"(D3*JJ,``$8%=U7#_$'_CZLO\`KFW\Q65;X#6C\:.1KH?!
M*J^NLCJ&5H'!!&01Q7/5T7@;_D8/^V+?TKCI_&CLJ?`S/USP1KWAG4I-5\(S
M3&!SEH(C\Z>V/XE_6LX?$[Q?:?NKBUA,@XS):LK5[+2%0QRR@GW&:]$\X\?B
MO/'WCEA:@O:V;\2.L?DQ@>YZGZ"O2O#?ARR\,Z6ME9C<Q^:64CYI&]3_`$%:
M]%,#D_%GA&YU*"XN=$NOL5[,/WRCA9_Q_A;W'7O7D@/B/P=J+.!=:?.#\QP=
MK_T85]#TUXTE7;(BNOHP!%(#QNV^+'B4H(A!:7$AX!$)W'\`:UM.\-^)O&]Y
M%?>*I9+?3XSN2VQL+^P7L/<\UZ7%:6T!S#;0QGU2,#^0J6@#@/'44<%]911(
M$CCM]JJHP``>!7+2?<;Z&NL\?_\`(3M?^N)_G7)O]QOH:X*OQL]"E\".2@_X
M^(O^NB_SKZG'W17RQ!_Q\1?]=%_G7U./NBNJF<E7<****U,@HHHH`****``T
M4&B@`HHHH`*^=_B%_P`CYJW_`%V'_H"U]$5\[_$+_D?-6_Z[#_T!:SJ;&E/<
M?I/_`"#8OH?YUT7AC_D9++_?/\C7/Z,C/I\"(I9FR``,D\UU>C64]N@F:UEC
MG1R58H0PXKBO:5SM^S8]&HS7)?;-3_YZW'Y&C[9J?_/6X_(UT?65V9S>P?<Z
MW-&:Y+[9J?\`SUN/R-'VS4_^>MQ^1H^LKLP]@^YUN:*Y+[9J?_/:X_(T?;-3
M_P">MQ^1H^LKLP]@^YUN:,UR7VS4_P#GK<?D:/MNI_\`/:X_(T?65V8>P?<;
M\0?^/:R_WV_D*XBNPO4N+Z,+=)+/LR5#J3@US']FW_\`SXW/_?IO\*PG+GE=
M(Z(+EC9LT/"/_(RVO_`O_037IM>=Z-:3VL:S?9I8KA6.&*$,!6O]LU/_`)[7
M'Y&KIU>16:,ZE/G=TSK<T5R7VW4_^>UQ^1H^V:G_`,];C\C6GUE=F9^P?<ZW
M-&:Y+[;J?_/6X_(T?;-3_P">MQ^1H^LKLP]@^YUN:,UR7VS4_P#GK<?D:/MF
MI_\`/:X_(T?65V8>P?<ZW-</\0?^/JR_ZYM_,5;^V:G_`,];C\C5+4HKB^A9
MKB*6>1$(0LA)'TJ*E93C:Q<*3C*]SDZZ+P-_R,'_`&Q;^E8W]FW_`/SXW/\`
MWZ;_``K=TBVN+.%)D@EAN,$%MA#8S6,6XM.QM*THM7/0*,UR7VS4_P#GK<?D
M:/MNI_\`/:X_(UT_65V9S>P?<ZW-&:Y+[9J?_/6X_(T?;=3_`.>UQ^1H^LKL
MP]@^YUN:,UR7VS4_^>UQ^1H^V:G_`,];C\C1]979A[!]SK<T9KDOMFI_\];C
M\C1]LU/_`)ZW'Y&CZRNS#V#[E#Q__P`A.U_ZXG^=<G)_JV^AKK-4AN+V!Y)H
M99I50A"4)(^E<M<PRP;DFB>-MN=KJ0<5SRES2N=,%RQ2./@_X^(O^NB_SKZG
M'W17RQ!_Q\1?]=%_G7U./NBNRF<=7<****U,@HHHH`****``T4&B@`HHHH`*
M^=_B%_R/FK?]=A_Z`M?0D\\5M`\\\BQQ1J6=V.`H'4DU\W^*]4@UGQ1J&HVP
M80SRY3<.2``,_CC-9U-C2GN;W@W_`(^],_Z[#_T*O9,GUKQ?PU*+!K&>=6"Q
M.'8`<XSFO0_^$\TG_GE<_P#?`_QK*E**O=FU6,G:R.E_&L[7?[1_L[.F^87$
MB^:(L>9Y>?FV9XW5E_\`">:3_P`\[G_O@?XU4U#Q;I-_%&JRW]M)$XDCEB49
M!'J"<$<]#6WM(=S#V<^Q;L]59[W2[>VU"YGCDGF2=;I`LJ%8]P1A@<@\U%XA
MUB^L[R^BBNY((HH[4@HH)3?*5<C@Y.!67_:^A[?,^T:C]N\_[1]LV)OW[=O3
MIMV\8I?[9T.1)6NI]1N+B:2*22=D12?+.54`<`9_F:/:0[C]G/L69]7U*.:W
MCEU"^BL9;LI'=?9L32((R2-FWH&'7'-6]-O=8U:X_L^XN9;,01F6281A)ID9
MR(^#PG"Y/'ITJ*Z\7:+=7=I=.MX'M)&D3:HP25*\\^AJ&^\3:->7,=W%)?VE
MW$I19X47)4\[6!X89]:7M(=P]G/L7=5O=0T%)H%OI+E)[.>6"24`R0R1KGJ!
MR#GN.M0:=?7VIP7)M=8O);6&WWFY,2HRS`',8RO([GCCUJB=:T.=+DWL^HW<
M]Q`T!F=$!C0]0BC@5,GB+089Y9HOMR>?`(9D"KMDP,!R/[V.,T>TAW#V<^Q.
MNHZG;:3H]PVI33/?0R2RF0+P1`7`&!TW#-36OB2]&A,FI;;?4'LC/;S+_J[C
MY,Y7/1AW6LY]<\//9V-J?M^RQC:.,[5R08S'S^!_.I+C7_#5YHB:1=6]U-;I
M&L:ED&X8&`P.>#1[2'</9S[&G87-]KKNC7\MK!:11"0PX$DLC1AR22#A>1P.
MO-7=$OX;C[1;QZN=0:(@Y>/:\:GH&X&>0><5S3:[HT<D<]C<ZC93K"L+.D:,
M)548&Y3P2/6K.G>*-$T\S29OKBXN&#33S*"SD<`<'``[`4_:0[A[.?8T;/[7
M'XBOHKC6;I[6SBCEVR;`"&#9R0O08J/2/$LUQ=3F]V"&YB:ZL0A!;REX*M_M
M8PWT;VK,O->T"]>\:0WZB]2-)@BJ,JA)Q]#G!I)=8\*,T,EO82VDL$@D26W@
M16X['U!&012]I#N'LY]C<TZ#4-5L8-2GU>Y@>X42I#;[1'&IY"X(.[CJ34,0
MU!-?OX&UB[DAM;9)D1@F"6W<'Y>G`K&CU[3+4>58ZCJEI:[LBW6*-@G.2%)Y
M4>U6QXIT,7US>;;S?<PK"XV#`"YQCGK\QH]I#N'LY]BQHU]J/B"*&)[^6V2"
MUA>>2$`232.N>I'``]!R:WK<2V?E6KRW5WO+'SY`#L`Z!B,?AQ7&IK.B6T=O
M]AGU&TF@@6#SD1&\Q%Z!U/!Q5VW\86,'E>9>ZA/L+%]\2#S,].G0#MBG[2'<
M/9S['0:I'JLWEKIT\<(`;>SGDGH.W09)^H%9R17Z^*ELO[9O&MQ;?:"AV<G?
MC'W>F*C_`.$[TG_GG<_]\#_&JO\`PENB?VJ-2V7GFB#R-NP;=N[=GKUS1[2'
M</9S[#/^$JNAX0><B]^VC<!<"V/EY\S&=V,8QQ5FTO[RYUN]26[U79#>^6BV
M\"M"%PIPS8SW.:H?V]X?_L!M%_T_R&!&[:N[EMWTZTV'Q!I=M>S7%O?ZI$D\
MWG20"*,H3@`]1G''K1[2'</9S[&[XFOYK-],1;R>UCGN2DKP1[WQL8@`8/<#
MM62^MZW%:W)GE>-H]-N9XB\01VVMB-V7L<=JDNO%NB7=S:7#K>*]I(9$"H,$
ME2O//H:@U'Q#H&I2323"^4S6CVK;57[K=3]:/:0[A[.?8WWOKD:WI%N)3Y5Q
M:RR2KC[S`)@_J:IZYXAGL=36.V,;062K-J&YANV-P%7W`RWT'O6&=9TTRV\Y
MU;5_.ME9(I/*BR%8`$8QC^$5+;ZOX5C60W-E-?33.7DGN8$9V)_D.P`H]I#N
M'LY]BYKNMSP:V\$&J3P[K-)+.*&$2">5F;`/'?`[BK&I76IV]REQJ-Q>6-GY
M$9\VS4.D4G\?F#!./0],5BQ:CX92"2%_[0E1X%@7>%S&JL64J1R"I/!]A3[C
M7-+N%D0ZEJRQW$0CN4V(?-`&,\_=)'7%+VD.X>SGV.JBAU.35/M#WJ_8B2RQ
MISN&T!>W?)8_A6GDUR\?C?1H8DBCAN51%"J-@X`Z=Z?_`,)YI/\`SSN?^^!_
MC3]I#N'LY]CI<GU->=>/CG6^?^?=?ZUT'_">:3_SRN?^^!_C7)^)]4M]9U'[
M1;*X3R@F'&#GG_&LJTXN.C-:,)*5VCSN#_CXB_ZZ+_.OJ<?=%?*XW03C>IW1
ML"5Z=#7TOH.MVGB#1X-1LVS'*.5/5&'53[@U=,SJ[FC1116ID%%%%`!1110`
M&B@T4`%8-_XJ@M+MH8K62Y"]71U`SZ<FH?$&N`*UE:/\QXDD4]/85S%<M6OR
MNT3HIT;J\B#Q]K.J>(;"#3=.C%M!*29UDF4-)CHO7D=ZX.#PQJL<X;R;:0IS
ML,Z_K75:E$MGJ<>JS0I/;D+$^X9,)W<,OXGFLEHG70K^7R(E5KED,R_ZQE,H
MW`\=,>]1S2EJV:64=$,6SUUT#I;6C*3@,)P1_.E-CKRYS:6@V]<SCCZ\U-JA
MB436%I9BUD6YB;,;9#X!93CM]VJTUP;JWU>X!REVL<B`],!]O]*E1OJ5SL<M
MGKK#*VUF1C/%P#_6D^R:YNV_9[/<>WV@9_G4VK1/;79;R(K<I8N)$A^[M8D$
M]!Z@_A4ZBWM[ZRN7ACS'IC2$E1G(VX/UHY0YV4VM-<7!:VLU!Z9N`/ZTHL=>
M(+"UM"!R2)Q@?K34:WFTB2`[)C'=0.&(SC>5+#\\U>O$07=Q!M`@DO[='4#`
MV[1Q].E'*'.RG]AU\A3]DM<-]T^>.?I2C3_$##*V=J?I,*?<QL#]GMQL$6J'
MR%7HIV%L#VS6OX;<2:8\@Z/<2M],MFE)65QQDV[&-_9WB+_GQMO^_P!5.[?5
M[*X@MYK2#S9SB-%DR37<2RI#$\LC!40%F)[`5D:+<KK+/J4VFVT91BD$X#>8
MRC/7)Q^0J%+JT6[[&5_9OB+_`)\;;_O]1_9WB+_GQMO^_P!77T5//Y#MYG(?
MV;XB_P"?&V_[_4U[+7HQE[6T0'ING`_K78UE>)8XWT"[+HK%4RI(S@Y'2G&5
MW:PG=*]S#6QU]\;;2T;/(Q.#G]:%L=><D):VC$=0)P<?K5UKJW@\1VZHR((B
MEN(U&.&4D_KMK+M@PBOI$`ADBM9RI7K-ESS_`,!Q^M:J)GSLF%IKC*66WLRJ
MG!(N!@'\Z;]FUH_\L;'G_IY7_&K%^+6#3Y[6"Q2)FMH7\Q6XD7<`,CUSFKUQ
M90IJFDK+96T3EY-R1J"OW>.U%D',S,%CKYQBTM3GI^_'-(UGKJA2UM9@,<*3
M<`9/MS3\NL&DRIG=$L[\=P#R/RS3;%(GCC\^V6[CATW>D;'`QO.X@]C@"CE#
MG8[^S?$7_/C;?]_J/[-\1?\`/C;?]_JZFSE6:R@E12BO&K!2<X&.E35DY6Z&
MB7F<A_9WB+_GQMO^_P!4-W!KME;/<36,/EQC+%9,D#Z5VM-=%D0HZAE88(/0
MBES^0[/N<;:V^N7ELES;VEL\<@RI\VI?[.\1?\^-M_W^K4M+]++6VT4V%O9P
ML-]N8=P$GUR3S]/2MNJD[/82NT<A_9OB+_GQM_\`O]338Z\K!6M;0,>@,XR?
MUKL:YS6;&34-<-O%'&6:T7]XYQY7S_>'O1%W>HI-I%+[!K^_9]DM=V,[?/&?
MRIHL]=)(%M9DJ<'%P.#Z=:L+&/ENO^7LZH8C)_%M^[CZ8[4IC6PMQI<D,:W$
M4T+>:@_UR&3AC[^M:<I'.RJ+76V.!!9''I<#_&G_`&#Q!NV_8[7<>=OGC/Y5
M8NK>"/\`MPI#&I66(`JH&`=N:+A5,MY>;1]JBU*-$?\`B5?E&![$$T)(.9E;
M[#K_`/SZ6O7'^O'7TH%CKYQBTM3GI^_'-.BW)JZ+D[)-49A_O#(/Z$?E02R?
MV?*F=T37+X'<!_F'Y9I\@>T,^]\/ZM=.DLD%K$6X!$Z_/_C71^!!KWA35&,L
M*M83C]_$L@)R`=I'H:R;%(GB0W%NMW'!I@9(V.!C<=Q!['@5UEI(LUG#*BE%
M>-6"DY(!%*4I0V$DI[G6Q>,8GE1)+":)"<%RZD*/7`-=$CK(BNC!E89!'0BO
M-JV-"UI[&5;>=LVS'J?^6?N/:KIXAMVD1.A97B=G12*P905(((X([TM=ARA1
M110`&L#7M>%L&M+5LS]'8?P>WUI^N:\MFK6]L<W!'+=D_P#KUR+,SL68EF)R
M23R:Y:U:WNQ.BE2O[S*EW>K:/"A3)E8@$L%`QUY/?V[U!_;NG'&)R<G`Q&WM
M[>XK0*JW#*"`<\C-)L3^XO\`WR*XU;JCJUZ&1/=Z'=W"3S$R/'@J2K;>.1QT
M-1>;H,7GE$W>:&#J2^U\Y)]N=I_*MP(@Z(H_X"*S;G^THYQY%I"\.W=MR.,9
M^7..^0?;!JT^GZDM6(;,Z*1&(8G5P?.`=6+=-NXGN.U5K>\T*YMMDUMY"D"$
M)DG*Y!'3W-76DU($RPZ;'&[#:Q#Y8@+D8[?>.*2XGU(P%(=)1796PP*G8W.#
MC\OSJOZW)_K8B2?0(E8`Y#1,AW!VRA/(Y]ZCFO-,>S@FDLG<-"\85=QVH!G'
MXX'TJW>_VEDB"!5'E';L56RW^UG&!TZ4YKG4?+*KI:@C(7+#'0]O0G%+3?\`
M4?\`6Q7>\T6Z<NR;Y65<KM;^'+#IZ$'FGO>Z+<"6.7K<.HD!5N6`&.?;(YJ>
MWFOWE5)=-BC!;#.'&,8Y/3\/QJ\(XP<B-!WX44FTO^'&E<QH[[0XEB1%8)$W
MG(Q5CACW)ZDG=WJ]I4MM+;.UI$(XO-8C'\6><^V<U;\N/&/+3![;145Y=0Z=
M92W,@"I&N<#C)["I;OH4DT8GB2XDO;B#0K1OWEP0TQ'\*5O6UO':6T=O"N(X
MU"J*Q/#%I)()M9NQ_I%X<KG^%/\`/\JWZ)::`NX%E#!2P#'H,\F@L`0"0">@
M)ZU2N]-^U7:7(G>)TB:,;1Z]\^HID6ENEW!/)>S3>1G:C].01_(_I2LNX7?8
MT:AFB@O;=XI`LL3\,`>#^55K73'M90WVZXD0*1Y;G(YJ&#17MH(H8M0G18U*
M_*`,YSS]>?THLNX7?8M&QL6C="B%7E$C?-U<$8.?7@4+IUC&\8$"!E#[1GLW
MWOJ#5?\`L539I;FYD+),9O-V_-DG_P"O2?V/+O60ZE<&1=VUB`<`D''_`([^
MM5IW%\B5-%TU(9+<6XV2@!E+$D@=!UR`*ECT^T@$16/'D$M&6<G:3UY)JH-%
M=<[-3NE)));.2:F.F,]O<0R7DTBSC'S<[>2>/SQ^%#]02\B9-/M8_**0`>2&
M"=?E#=?SJ*31M/EBBB:V&R%2J`,1A3U'7D>U0MHTC-N_M.ZW`$`YZ9Q_A2?V
M7>->%GU*;R,#"AOF/3K^1_.C_MX/D:@4*H51@`8`':EK*_L67J=4NBPSAL],
MX_P_6KEI:M;!M]S+.6QS(>F`!_\`7J6EW&F^Q9HI**DHQO$VFO>6*W-MD75H
M?,C(ZD#J*N:1J*:KIL5TN`Q&'7^ZPZBKM<S#_P`4[XE,)^6QU`Y3T1_\_P`Q
M5K56)>CN=/47V>+[3]IV#S=FS=_LYSBI:IZB]\D49L(U=]^6#=-N#Q^/%2M1
MO0KWL-K9SOJ!L&D=!OW*V`6Z#`S]X],U2L[G0CO_`-':$O*N/,W%FQ@J?89/
M2K<=WJZ1*DVG"9PIW.&`#,,XP.W:IGDO9+65DLEBF5AL!VL2.,D>^,UJO/\`
M,S\U^1%'/I-Z;E8T,C2J)9058;P`,'G\*@CN]&N;B.\EC*W1".4PQ^8X"\="
M1D<^]6EN+Y/E&G%B!C>Q52PXQP/J>/:F)<ZF-H?28RQ`RP<`=?Z4?UN'];#7
MGTJ"Y>*:,1O%<B1>I)D89W8'3K3HI=+,D:VL8DE7S!&@R.I^?K2/<ZEGS/[)
M4M@<;@<GCOUXY_*D>YU4D^5I:1X;&=PSCGD?I^=%OZN'];%@Z/83V\"2V@01
M)M5`Q^4'JI(/(]JO`!5"J``!@`=JSTO-2,BAM,VJ7P3YH.%XY_SZ5HUF[]2U
M;H%%)14E&]X?ULVL@M+J3]PW",?X#_A76@Y&17FE=)X<UK85L+EC@G]T['I_
ML_X5UT*WV9'+6I?:1U%%%%=IRG#^-[>Q\/Z?-JT=O?3SSR?+#$Q,>\\Y;@D#
M_P#57E$_B3Q"2T[2RP(6QCR=JJ3V&17T>2!R3BO`?B+XI/B/Q`T4$A:QLB8X
M0#PY_B?\3P/85C.$=S:G.6QD?\)1K7_/^_\`WR/\*/\`A*-:_P"?]_\`OD?X
M5DT5ERKL;79K?\)1K7_/^_\`WR/\*/\`A*-;_P"?]_\`OD?X5DT4<J[!=FM_
MPE&M?\_[_P#?(_PK7MD\;7EDEW"S&.12\:LT:O(H[JIY(^@KDJZ^%[3Q#=V&
MD:S;76GZLD4=M;74?0C'R!XSR.#U%-0CV$Y-!9Q>-M0M1=6LGF1%=^[S8A@>
MI!.1^-$,/C>X\XPN7$,GE.1)%C?C.`<\G![5!X>MFM;'Q9;R8WQ:>R-CD9$B
M@U>\.Z;8ZMX'%C?7QL4EUA1'($W`OY1P#R,9]:?)'L3SR[F)=Z[XCL;J2UN[
MF:">,X>-T`(_2I'U?Q-&EK))<2HEX,P,RJ`XSMZX]:MWMK-XG\:PZ6();1;9
M$MI#<$;TCC'S.YZ9QD_E70ZI87'B&PU#3LV(CM,2:/'#=1NX1%P8\`Y^91N^
MM')'L/G9CR6?CF*#SW=1%S\_GPX..N.>:JSZ3XNU6QA-R`]O,HEC$D\2;@>A
MP2#4-\!_PK?2N/\`F(S_`/H*UI>))-!2'11J=M?R3_V7#@V\R*N.<<$$YHY(
M]A<TC-TZ[\5ZA+);V,CN+?B1L(J1@<<L>!^=3WTGC#3[<7,TQ>W+!3/"T<B`
M^A9<X_&F:X6C\%:(MCN73Y3*UQ@]9]W1\=PN,5'HNBP:AH]]);Z[)`T-L9KN
MW\AA'@'A2V<$DXQ2Y(]A\S&7FJ>*+#4/L%S-*ESE0(]JDMNZ8QUSGM3+[6_$
M>G7LEG=W;1SQ'#I\IVGTXK<T768V\*RZQ<VWG:GH(6"SF8\8DR%W#OLYQ7'W
M,]M/;Q,J3&\+,US+))N60DY!`QQ[T<D04F:=KKGB*]D:.WNW=D1I&X4!549)
M)Q6G:P^-[U_+@<M)A3Y9DC5OF&X<$YZ$5SECJEUIT<\=OY>VX"B3>@;(5MV/
MH2.1WK:\(W<^H_$;3[VZ;?-/=%W;&.2#0HQ[#;9)._C&V:59)3F&$SR;'C;:
M@."3CW-4[36?$M^)S:W,D@MXC-+@*-J#J?UJ_P"$/LPN/$OVI9#;_P!GR^8(
MB`^-Z],\9JSX?;0#9Z]_9<>HK-_9,V3<LA7;Q_=&<]*?)$GF9#%!XWFMX;A9
M`L<Z"2,O-$I93T."<UCOXDUV.1HVOFW*Q4@!3S^5;OB.305M]"&IVU_)-_9,
M&&MYD5=O/8@G/6N,^7S?D!"[OE!ZXSQ2<(]AJ39UMW#XVL89);J01+$N]P98
MMP&,_=SFH=.E\8:I;FYMYBMOG'GS,D2$^@+8S^%6O'C:%_PDM^LMM?\`VW$>
M9%E3RL[%YVXSC'O5'QZ95UY(1D:>EO']@4?<\K:.5[=<Y]Z;A%=!*4F)J-[X
MLTF2-+V66,3?ZMP%9)/HPX-07VM^(]-O9;.\NGBGA.'0A3M/X5<\-EW\+:VM
MV2=/B$;0ENBW&\8V^Y&<X[57\?@_\)OJ?'WY%*^X*C%+DC;8:D[V);FY\7VB
MW+3-,HM5C:?"J?+#C*DX[&JMGKGB+4+R*TM;MY9YF"QH`HW'TKM]1U.XTB;Q
M/>6I3SH8=/5E=0RG@!E8'L02#67X:TJQU7Q/IFLZ"OEK%<HUYIY;+6_^TG]Y
M/Y4^2(N=V,NR/C/48))[61GCCE,+,SQK\XZKSC)K+UN?7HW6SUI9HV4[U65`
M/Q![_A6IJ6/^$#GS_P!!Z3_T"FP?:+KX>2K=AY<7T::=OY)8@[U7VZ=.]+EC
MT0^9E*/6O$;6$EY'<3-;0,L;R;1A2<X!X]JT[2'QM?6@NK:020E`^[SHA@'N
M03Q^-=%;Z8VF);>&I)K#^S)8&34BUW&'\]\?-M)S\A"@?C7-Z9ITVE:?XPL+
ME<2P6B(WO^]7!^AZT^2/87.RK=W_`(JL;9KBXN&6%)C`7!1AY@&<9'M5RVB\
M;7-NDXD\E)1F/[1)'$7'L&P35OPPEG)X;T=+X+]F;Q!APWW3^[&,^V<5ROB"
M2^DUZ].JE_M8F82"3JO/`'MCI[4N2/8:E+8U3=>,!JG]F-]H6\VEA"47<P`)
MR..>!VJ@?$^MJ2&OG!'4%1Q^E=KX*:5M/T2>]+>>EU.MB[_>,/DL6Q_LAL8K
MGF%MXVC.!':^(0O3A8[_`/HLGZ&GR1ML'.[D;7?BU+M[1Y9%FCM_M+J=GRQ[
M=VXGITJM>ZUXCTZX^SW=T\4NU6*$*2`1D9_`UJ^--0O-*\1O;QJJ&2SM!,KI
MDG8BG:?;(Y'?%<G=74U]=S7=RYDFF<N['N32<(KH-2DS0_X2C6O^?]_^^1_A
M1_PE&M?\_P"__?(_PK)HI<L>P[LUO^$HUK_G_?\`[Y'^%'_"4:U_S_O_`-\C
M_"LFBCE78+LV$\1Z_)DQW4S[>NR,-C\A7H7@.2/Q4D\&I07UM<VX!+Q`I$Z]
M.XX;.>/RKS?P_K=SX>UJWU*V)S$WSIG`D7NIKZ/T[4+;5=/@O[20203H'1AZ
M?XUI"$7J95)20S^R;/\`N/\`]_6_QHJ[16UD87.6^(MUJUMX5ECTF#S);EO)
MD<.JF-".2,D<GI^->'CPYK`&/L#?]_8__BJ**AJ^Y<960?\`".:S_P`^#?\`
M?V/_`.*H_P"$<UG_`)\&_P"_L?\`\5112Y$7SL/^$<UG_GP;_O['_P#%4?\`
M".:S_P`^#?\`?V/_`.*HHHY$'.P_X1S6?^?!O^_L?_Q5;L%_XQ@@B1;.%IH4
M\N*Z=(6GC7I@.3GZ>E%%-10G-F;:6'B2RBO(H+0A;V+RI]SQDLN<_P![CD=:
M!I_B,:2=*%F?LIG%QMWQYWXVYSN]***.1"YV7)9?%\R2K);*7FMA:R3?NO,>
M,=`6W9/IGKBLZRT?7]/O8;VTLVBG@</&XDCX(_X%111R(.=EF\M?$M]:"TGL
ME\A9WN`B&)0'?[W1NG'2KHO?%HMX(9-*L9UMXQ%&9K>!V"CH,DT44<J#G95T
M]/%.F&=;>S4PW!S+;R^4\+G_`'"<?E3[\^*+^S^P_P!GQ6MINW&WM!%$C'U;
M#9/XT44<B#G95AT[Q';Z=<Z?'9D6]VR-*I>,DE3D<[N.M,FTG79K.WM6TR-4
MM]VUE,0=LG)W-NR?:BBCD0^=E?\`X1S6?^?!O^_L?_Q56=.TSQ%I6H0W]G9E
M)X&W(Q>,@'Z;J**7(@<V/M+'Q)9"[\BSV_;8FAGR\9W*3D@?-QR*2QT[Q%IP
MN1;69474#02Y>,Y1NH^]QTHHI\B#G9HK>^+!;V\$FE6,ZVT2Q1F>W@=@@Z#)
M-8KZ!K3RM(=/(+-NPLD8`^@W444."%SLL:EIWB+5K^2^O+,O/+C<RO&H.``.
M-WH*NV,GBJRLEL6T^&[M$.4@O%BE5#_LY;(_"BBA10<[(M4B\4ZPD<5U:!;>
M'_5V\)BCB3W"@XS[U;@O?%T,,*/IMK<26ZA8;BXBADEC`Z`,3V[9HHHY$'.R
MB;?Q2T%_"\#R#465KEGDC+.5.0<[N.:AL-,\1Z7>Q7ME;R0SQ'*NLL?Y?>Y'
MM112Y4/G9H6<_BRQM9+6/3[>2*2<W!6>.&3$AX)&X\5&\GC"75+?4IHFEGM3
MF`.T6R/_`'4S@?E113Y1<_D9DOA_6YY7EELG>21BS,98\DGJ?O5IS/XMN(YT
MEM@WVFV2VE;,6YXT.5R=W7@<T44N5!SLJG3_`!&=)72S9G[*LYG"[X\[R,9S
MN]*TH[WQ;Y,<=UIEI?F(!8Y+R*&5U`Z#<6R?QS113Y4'.R#S?&)UA-6:-GNH
MU*1EFBVHI!&%7=@#!/2LH>'M:5@PL7!!R")4R#_WU112Y4-399U'3_$FK70N
MKZV>:;8L9=I(\D*,#/S<G%5?^$<UG_GP;_O['_\`%444^1`IL/\`A'-9_P"?
M!O\`O['_`/%4?\(YK/\`SX-_W]C_`/BJ**7(A\[#_A'-9_Y\&_[^Q_\`Q5'_
M``CFL_\`/@W_`']C_P#BJ**.1!SL/^$<UG_GP;_O['_\57IOPDDUFS%WI-[:
BLMHH\Z)S(AV,3@C`)//7\_6BBG&*3)E)O0],HHHK0S/_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>x15040216512001.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512001.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`(8`M0#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBJ>JS36^FRRP$AUQ\P&=HR`6Q[#)_"DW97*C%RDHKJ7**YR\NI
M85GCL;V2XB\E6+[PQ1BZ@`-VR">.V*6.[N`RV]S<R6\7VB1'9F&Y,*"J%_?)
M.?PJ/:*YT_59-7N=%17.3:C<SV<4&G>>9E:1F(82$A#@`GH06P/IFEN=5N0U
MQ?02,UH+5&9`.8]P;#CZ$#(_PH]H@6$F^O\`5[?CT.BHKGI-098)A/<.'+Q+
M"HDV;F,8)!/IR2:+JZNX+>V@L[F6\D@3SYI4PWF8/W3['YO?BCVB$L++17_J
MQT-%<_+(^Z_G@O;@HEFL\(+Y`+!^<?@*+B\DVWCRWTD$\`'V>)2/G^4$''\6
M3D?I1[1`L,V]'_6G^9T%%<W<:AJ%N+J1W;RWF2-<#F!\(<?0Y(^OUJRNHW!U
MKS#YGV)Y#;+D#9N`^]GKDME?RH]H@>%G:]U_7ZFW16=I%X+K2H6-RCS>7ESN
M!(/J16;Y\K:7?*;R9KBVB\SSHIMR,<'&...GW?I3<U9,E8=N3BWL['1T5SFH
MR7=K,5AN+@I%;I(7,F=A+G+$8^88[>U6#?R8D@^T'[1]O"*G\7E[@>GIMSS2
M]HBOJTK)I[FW16/IT@O`6N+Z1;IBZO`)`OE]1@+[#O\`C4$,LUM;I.]W.R_;
MFBD:1\@(&8#/IVYHYQ?5W=J^IOT5SUQ=W4\^+>266-[IU012!-RB,'`;TW9I
M+&\FGO8!-=[P8(6YF$>2=V?EQ\W04>T5[%?59<O-<Z*BBBM#D"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`&JB*-JJH'7`%!56!#*"#U!'6G44!<:JJHPJ@`<<"EV@=A2T4`-,:,,,BGZB
MA551A5`'L*=10%Q-HQC`]*0HI8,5!(Z$CI3J*`$P/0<T8&,8&*6B@!JQHI)5
M%!/7`ZT*B*NU54`]@*=10.[$P#V'I2;%W;MHW8QG'-.HH$-V)OW[5W?WL<TI
M4$$$`@]1BEHH"X@55````'0`=*0QH2"44D=#CI3J*`N%%%%`!1110`4444`%
M%%(2%!)(`'<T`+15<W]D#@W<'_?P4?VA9?\`/Y!_W\'^-*Z+Y)=BQ15?^T++
M_G\@_P"_J_XT?VA9?\_D'_?U?\:+H.278L457_M"R_Y_(/\`OZO^-']H67_/
MY!_W]7_&BZ#DEV+%%5_[0LO^?R#_`+^#_&C^T++_`)_(/^_@_P`:+H.278L4
M57_M"R_Y_(/^_J_XT?VA9?\`/Y!_W]7_`!HN@Y)=BQ15?^T++_G\@_[^K_C1
M_:%E_P`_D'_?U?\`&BZ#DEV+%%5_[0LO^?R#_OX/\:/[0LO^?R#_`+^#_&BZ
M#DEV+%%5_P"T++_G\@_[^C_&C^T++_G\@_[^K_C1=!R2[%BBJXO[,G`NX"?:
M05.#D9%%TR7%K="T444Q!1110`4444`%%%%`!1110`4444`%%%%`!51[QFD:
M.WB\TJ<,Q;:H/IGN?I5B5BD+L.H4D53LU"V4(']P'\2.:`'^;>_W+?\`[Z;_
M``H\V]_NV_\`WTW^%5]6O7T[2Y[N-%=HER%8X!Y`K/?7+FWG>UN8H/.1X?GA
M)9"KMCO@@U$IJ+LS:G0J5(\T?ZV_S1L>;>_W;?\`[Z;_``H\V]_NV_\`WTW^
M%8[>*K=84E^QW'[UG$8^7+A/O$<__KJ<:XLK2BVLYI5A3+N2JA25W`8)STQ1
M[2+ZE/#5EO'\C1\V]_NV_P#WTW^%'FWO]VW_`.^F_P`*QX_$R_8XYY;*7=]G
M%Q,J,I$:'OR>?H.:O6.II?RW"QP2+';ML,K8PQZ\=^AH52+V)GAZL$W);%KS
M;W^[;_\`?3?X4>;>_P!VW_[Z;_"L2X\4(MC)/!:29,+36YD(VRJ"`3P<CKT-
M6[O59K"SL99X"SW$BI(J*25R"3@#.>E'M(E/#55:ZW_0T/-O?[MO_P!]-_A1
MYM[_`';?_OIO\*Q[?Q-%(LAE@=,&<J,8.V+!.0>A.>E*?$T9E6.*PN)-SK&"
M"H!=DW@<GTI>UAW#ZK6O;E-?S;W^[;_]]-_A1YM[_=M_^^F_PK)'BBT;[*1#
M*5N`N3D9C+'`##/J*FT_7(M0N5@6VFBWHSQN^,.%;:>A]::J1;LF*6&K13;C
ML:'FWO\`=M_^^F_PH\V]_NV__?3?X5FVVIW=W<RM%':I:PSF%_-D(D..IQT'
ML*A7Q5;,'_T:8LK(%"E3O#M@$'..M'M(C^K56[)7_P"";'FWO]VW_P"^F_PH
M\V]_NV__`'TW^%8L_B38I,=LP>-9O,A?&0T8!QN!QCFIF\111/:QSVTBM.J%
MMKJWEESA<\TO:1[A]5K6O8U/.O1_!;GVWL/Z5)!=B60Q2(8I0,[2<@CU![U2
MTF]?4-/2YD149F8$+TX8C^E-U=C';Q3*</'*N#]>#5IW5T8RBX2<7NC7HJM8
MW!N;<,>O>K-,D****`"BBB@`HHHH`****`"BBB@`HHIDTJ01-+(<*HR:`'T5
M1\R\F^;*6ZGHNW<WX]J`+H]+T''7$0_QH`O452VW?_/W_P"0A2`7)SB]!QP<
M1CC]:`+U%4MMW_S^?^0A28NO^?P?]^A_C0!>HJB!=,,K>@@]Q$#_`%I=MW_S
M^?\`D(4`7:*H@71.!>@D>D8_QI=MW_S^?^0A0!=HJB1<KC-Z!G@9C'/ZT8NL
MX^VC)[>4/\:`+U%4MMW_`,_?_D(4;;O_`)_/_(0H`NT52VW?_/Y_Y"%&V[_Y
M_/\`R$*`+M%4MMW_`,_G_D(4G^F+RMRCGT>/`/Y&@"]15>VNA/N1E\N5#AT)
MSCW'J*L4`%%%%`!1110`5YOK=[<:[KMU;RS.EC:/L$2-@,1QD_K7I%>5-)LU
MG5/>Z?\`F:X\7)J*1[.4Q3E.75+3[RPNGZ<HP+.+\1FG?8=/_P"?*'_OFH?/
M]Z//]Z\ZZ/9M/NR;[#I__/E#_P!\T?8=/_Y\H?\`OFH?/]Z//]Z+H+3[LF^P
MZ?\`\^4/_?-'V'3_`/GRA_[YJ'S_`'H\_P!Z+H+3[LF^PZ?_`,^4/_?-'V'3
M_P#GRA_[YJ'S_>CS_>BZ"T^[)OL.G_\`/E#_`-\T?8=/_P"?*'_OFH?/]Z//
M]Z+H+3[LF^PZ?_SY0_\`?-'V'3_^?*'_`+YJ'S_>CS_>BZ"T^[)OL.G_`//E
M#_WS1]AT_P#Y\H?^^:A\_P!Z//\`>BZ"T^[)OL.G_P#/E#_WS1]AT_\`Y\H?
M^^:A\_WH\_WHN@M/NR5M/TYA@V<0^@Q5SP[J5QH^J_V=YKRV<Z,T2N<^6PY(
M'X5G>?[TMF^_7K+V$G_H!K2E*TU8SK0<J,XSU5G^"/2X)UN(@Z]#4M9>B$F!
MA6I7LGR(4444`%%%%`!1110`4444`%%%%`!1110!'/\`\>\G^X?Y56M?^/2'
M_KFO\JLS_P#'O)_N'^55K7_CTA_ZYK_*@"+49;2'3YI+\*;55_>!EW#'TJG#
M)H,3_8H5M4^07155`4`$88G\JN:E:1WVGRVTLOE)(`"_''(/>L]_#%FK.UD[
M6GF1,A\L9ZL#GGZ8QZ5E+FOHCJHNER6G)IWZ;=">7^PGM(EE:R-N"3'EEVYS
MSC\3S]:D,6D/?@E;0W:IQR-X7'^'Z5EKH&G1_))J$9,HF"@[>L@"G`)[;:D/
MAJ&6X5FOFEV*0L9]`FPC(/`Y].*7O_RHU_<_\_'U[_UZEI8/#\L2[%L7CM@6
M&"I$8S_+-65N]-MEWK<6T2SG?G>`'/3/O6-!X5GD647MRJ_NXXXO*Y*[#D$\
M#/\`GFII?#-FEJXGN0B^1)$SLH`!=@Q;GH>*2<]U$<XT+VE4;_'^M2XL6@I#
M-.HL1%,2DK@KM8]P3_2K,L^GO-%%+-;F5&#1HSC(.."!]*S)O#-M<[IH;EDW
MR>:I505&4"D8'7(&:<N@6,8$RW`"(\+AL#"B,8`SZ&FN?^4A^P>KJ.Y9A@T;
M5[?S8H+>YB\QFSMS\Y^\?J:M+8VBD%;:,$,'!"]&`P#]0.*@TFUAL()+.*Z2
M;RY&)``#)DYP<5=CD25`\;JZGH5.0:N*TNUJ<]2?O-0DW'H5?[)T[<C"RA!3
M&WY>F#D?D:FBL[:%E:*"-&0%5*KC`)R1^)YJ:BJY5V(=2;W;*KZ98277VM[.
M%I_^>A09J&30=+DB\K['&B[E8A!C.TY`/M[5H44N6+Z%*K46TG]Y533;&.-8
MTM(510P`"]`WWOSIHTC3E*$64(,8`3Y>F#D?E5RBGRKL+VD_YG]XR*&*",1P
MQK&@)(51@<G)JEK?_'@/^NJ?SK0K/UO_`(\!_P!=4_G3(;N[LFT;_CV/UK2K
M-T;_`(]C]:TJ`"BBB@`HHHH`****`"BBB@`HHHH`*J:AS'".QG3/YU;JIJ'W
M8/\`KNE`"N"48#DD'OBN5M=(UBTMKF.TA6`L$`9G7S6PV6&Y>O'<X-=4Y*HS
M*NX@$@>OM7.6NNS"S:\FOH[B81,[Z>D6UHR.V>HQWS6-3ENKG;A7549<B3VW
MO\OZ8/I^OR6RC[5.KI!(4`F`/F;@4#'G/%/EL=95Y67S#')<.[)!,L;L"JA3
MGT!!XIT?B&ZE9(8;>VFD>X6$2QRDQ'*EL@XSD8Y%,3Q3*9W4VL<@5IE\N&0F
M4;,\D8Z'&*S_`'?=G3;$_P`D?^'^9<TRTU1+WSM1N7<+`BA4?Y&?!W$C\JAD
MTB[.K,BL/[-:7[41NY\W'W<>F<-4*>);F2/$5M;S2%XE5HY28_GSP3C@C'-,
MN?$UT)+N"&&$O'%*4<9X9.N0:?-3MN2J6)YVTDM+=-//^O,DL['6(#:I-YI1
M(D`$,ZHL;9.XN/X@>.E6="M]7@GE;4Y78%0,%PP9L]5YX&.W%5X_$DYO;:U^
MS12>8L99T?AM_=,]0.].US5KG3]1B1+E$@V`LBJK2$EL?=;J,?W>:$X)<R;T
M"4:\W[-QBG+^O/\`KS*T/AV_B2YNDE6*ZS.81&,,Q8G;N?/([@8XJ=[#7([^
MV$=W,\"JF6,@)!SE]P.,Y_&@^)YA=7<8L"RVXD.T-\_R]R/0^U2Q:Y=2S6L,
M4=G.T[/N>&5BJJH!/;KSTI+V?1LJ3Q6\HK\/4KQ6.MO(?.+,JW:2*TLH8[06
MSQTXR.F,^E0)IFOF4S[G6Z6VDC\V2<,"Y8'Y1_""`?I2MXIO9K"XG@MHH3%L
M;<[9V`OM(8=C[_6K,OB9X]0>W6&*5%5QN1CG<J;N_4>]+]V^K+MBDW[D?^&2
M\_,8FGZY)!&CW5Q&/WI($P##Y1L!.3D;LU:TBRO[?4KB>\\QO.ABRWF@KO"X
M8;?7/>H_[>O46T6:QC\V^16MPCDC)(R&..,*<_G6]6L(Q;NF]#DK5:L8\LHI
M)]O7_/\`(****V.`****`,G4)6@U2*1#@F+GWP?_`*];<+^9$K^HK!U?_C_A
M_P"N1_G6W:?\>J?2@9-1110`4444`%>07LFS6]2][E_YFO7Z\6UERNNW^/\`
MGX?_`-"-<.-^%'T&1QYIS7DOS)O/]Z//]ZS?-:CS6KS+'TGL32\_WH\_WK-\
MUJ/-:BP>Q-+S_>CS_>LWS6H\UJ+![$TO/]Z//]ZS?-:CS6HL'L32\_WH\_WK
M-\UJ/-:BP>Q-+S_>CS_>LWS6H\UJ+![$TO/]Z//]ZS?-:CS6HL'L32\_WH\_
MWK-\UJ/-:BP>Q-+S_>K6CR;]>M/82?\`H!K#\UJT_#;EM>M\^C_^@&M*2_>1
M]3#$T^6A-^3_`"/3M$_U+5J5EZ)_J6K4KW3X(****`"BBB@`HHHH`****`"B
MBB@`HHHH`CG_`./>3_</\JK6O_'I#_US7^569_\`CWD_W#_*JUK_`,>D/_7-
M?Y4`%Q##/"8YP#&>N3BI%4*H51@`8`%1W$$5S"8IAE#UYQ4BJ$4*HP%&`*74
M=_=M<R?[%TL7OVB6179Y2ZH\@VY/8#TW9./4FB7P[:S2M/%/-'*S2%G1L\N?
MF&.E)_PC^GF]^T2R%]TI=(V8!1GG:/;=EOJ:)-`AEN)9$O9ED9R[*K9`R2V"
M/0D_CBF2,;PQ9RQL8KF=?,!W.C`[@3D_Y]A4\>@V\:,B3S;V99`Q(8[E8L&P
M>OWL?0"H$\,B.*.$7]QY<6W:N!QC&?SV_ADT@\,1B`117]Q'@!2R8Z`*`/;[
MN?Q-`"2Z!!<WPF;4Y&:4[B@*Y;T*@=/K2CPO:%AMNI]B.2R@CEMH!R<<]NM.
MG\,V\XB`NIXW@B$:LA&0/F_^*-1OX8@#('U"95SD1L1AFXZY.3T'%`%F7P[9
MW$K7"O(KR2,[.ASG)S@>F.Q'O4)\-1)`\4%W,F\*-S<E`#U4]N.W2E_X1F/H
MU]=%<8`SCM@9]<=1Z5LJ/EP#NV\$^]``JA%"J,*HP![4M&#Z48/I0`4444`%
M%%%`!6?K?_'@/^NJ?SK0K/UO_CP'_75/YT`3:-_Q['ZUI5FZ-_Q['ZUI4#"B
MBB@`HHHH`****`"BBB@`HHHH`*J:A]V#_KNE6ZJ:A]V#_KNE`#B=JD^@S61:
M>(+>;RI9[62TCN49XII"I5PHR<D=#CGFM<C((/0UF0>'=.A0(5EF18VC19I2
MP13P0H[5$N:ZY3>DZ/*_:7^7S_X`JZ]I1B5DE.-X14$3;MQ&1A<9Y%-CU71[
M2*)XF$<=PQ*LL9QN+<Y..#N]:C;PW:+'"L4\T(BE$FX/\QPI`&>W6G-X9TQU
M1=LORK@_O#\WS;LGWSS4?O.R-_\`9.\K#GU_3D=(XQ))NN/(/EPG"OS[<].U
M(_B+1XW?,QR-VXB!CG!PW..<=ZG;1[3R4C'F((YS<*RO@AR22<^G)IO]A6!0
MQ[7P4D3&_M(<M^M/]YY$IX7KS?@!UG2TN/(,Z;T!QA#@8&X@'&,XYQ4,GB33
M/*653)-B1$P(3N&_[IP1T^E2+H&G>>\Z(V9%*L`_RDE=I/UQ2OH-BR8Q*F!$
M`RR$%?+^Z0:/WGD"^JZ7YNG;YFB`N=P49(ZXYH"JO10,>@H'3UI:U.,;L7GY
M5^;KQU^M&Q,YV+GUQ3J*`(3:6[72W1A4S(NU7QRH]JFHHHL#;>X4444""BBB
M@#&U?_C_`(?^N1_G6W:?\>J?2L'7)1%?0$H[9C/W%SWK3MM0C6V3=!<@8Z^0
MW]!2;2+4)-:(T:*B@N(;F/S(9%=<XR.Q]#Z5+3$TT[,****!!7BFM_\`(=O_
M`/KXD_\`0C7M=>*:W_R';_\`Z^)/_0C7#C/A1]%D/\2?H4J***\X^J"BBM;P
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M4&#1I97CDDMHG9;<3B%AY8<OA]A/^SC..*ABL=`FMKN7S&0QNZHAG&Y5`^5A
MG&[)H]F^XEBX]8O[CG:*Z:ULM%BOK+>L,UM(`&EDNQ\Y*$G<G\.&XJO_`&?I
M']G-*TB))Y;LS"Y!:.0,=L83^(8Q\U'LWW'];C>UG_5_\O4P:*OZU'8P:D\.
MG`F",`;S)OWGJ3G]/PJA4-6=CIA+GBI=PK4\,_\`(>M_H_\`Z`:RZU/#/_(>
MM_H__H!JJ?QKU,,7_N]3T?Y'J&B?ZEJU*R]$_P!2U:E>X?G@4444`%%%%`!1
M110`4444`%%%%`$5Q.EM`\TF=J#)QU-5U749E#M+#;YZ1B/>1]3D<_2EU7_C
MR'_76+_T-:N5.[-4^6-UN4)H+[R),WJ$;3_RP]OK3K7_`(](?^N:_P`JLS_\
M>\G^X?Y56M?^/2'_`*YK_*FE8SE)O<+BWCNH3%+G8>N#BI%4(H5>BC`J.XMT
MNH&A<L%;^Z<&I%4(H49PHP,FCJ%_=M<R/^$<M&O?M$LKN/,+I&3@*#SM'MN)
M/X^U))H"R3-*MZZ8=V!C&UOF;<0S`\@'IZ4'PW"][]HEN)'192Z1C@(#SMS_
M`+Q)_$#M27'AUI+B=XKQH(YV9GC1,`D@#G'7\:9)';^'[L[&N=3EP"<Q1$[2
M-V<9SGM_.G/X>GV%5UBX3*X9B.2<]>O!_G1%H%Y%"D(UF?8@"@@$''/'!QW]
M.P]ZF.BRFS,!OGD82K(DDN7*$#'&3S^/%`$*^&W1=L>I3QCG[H.1SG(YZ]OH
M3Q4TV@B6WCA:Z8JGF#,B[SM;&<$G@C'!J)]"O?*98M:N%9Q@LV6].1SP<@G\
M:D_L.0I*&O9)6E"9,F6!*N6Y&<8.<$>@H`B_X1]Q#Y?]M78+9^;S.7ST[]O;
MKFFR>&YUBD%OJ<R.X."Q/!VXZY[\9[\"FCPHHN1<K>NDRMN4H"`G.<*,X`Y(
M`J_8Z;<VMUYTU_),OEA/+R=N>YY)Z]?Q-`%;_A'GY/\`:ETK\[65B-G(Z#/;
M!`SG[U)_PCA,2J^HW#E=OWF)!P<XQGN<?E6W10`4444`%%%%`!6?K?\`QX#_
M`*ZI_.M"L_6_^/`?]=4_G0!-HW_'L?K6E6;HW_'L?K6E0,****`"BBB@`HHH
MH`****`"BBB@`JIJ'W8/^NZ5;JIJ'W8/^NZ4`*ZAT9#G##!P<4RWMTM8%A0L
M57IN.33W7>A4DC(QD'!IEO`+:!859V"]W.32ZCO[MKF=J&@QZA=M,]PZ(P0F
M,`8W*1\WU*C;2W&BS,&CM;U[:)EC7"@E@$R,;L]\_I2:AH3:A=M+]J=(F"$Q
MJ,_,",M^*C&*CNO#\SSB>TU"6W9(TB7//R@8.3UR?7^M,DA;0=2G\Y)=6D2)
MFP`"6+CG.><#(.,#BK#:%(U_<W(OG5+B#R654Y`VX!!SVZ^_X5%'I>M":0'5
M&5!@*SDL7^]DXZ`\C\J1=!U%2H76&5(P!&JA@!A2#GGOD?E0!.=%N&=<7Y@C
M`4&.W0QJ0.H`SQGOW]Z@?P]>.WEG5IC`8]IW%BQ.,'OC!Z\^O%6(M-U*.XA8
MZE+(OF;I1DXV`<(`??OZ9JLWAR^2262#5I(V;>$RIQ'O8,V.?44`2#0;O<?^
M)Q.(]N%1`5P<'!X/J<_A5BVTJZ@O(YY-2EE5`08SD!R<\GGKS].!C%02Z1JI
M4"+6I%.=Q)7))YZ<X`P0,>V:9!I&KM\UQJLL6?\`EDCD[1NSC/4\<9[4`;M%
M8JZ-J(=,ZW.4``(SR>F>??GZ5=TZRGLA-Y]T]R9&#!G)R,*!CGZ9_&@"[111
M0`4444`%%%%`&-J__'_#_P!<C_.MNT_X]4^E8FK_`/'_``_]<C_.MNT_X]4^
ME`RO.H@U*VGC&TSL8I`/XOE)!/N,?K5ZJ=]_Q\V/_7Q_[(U7*E;LTGM'T_4*
M***HS"O%-;_Y#M__`-?$G_H1KVNO%-;_`.0[?_\`7Q)_Z$:X<9\*/HLA_B3]
M"E1117G'U04444`%)BEHH`2BEHH`2BEHH`2BEHH`2BEHH`****`"M3PS_P`A
MZW^C_P#H!K+K4\,_\AZW^C_^@&KI_&O4YL7_`+O4]'^1ZAHG^I:M2LO1/]2U
M:E>X?G@4444`%%%%`!1110`4444`%%%%`%/5/^/,?]=HO_0UJY5/5/\`CS'_
M`%VB_P#0UJY4]31_`O5_H1S_`/'O)_N'^55K7_CTA_ZYK_*K,_\`Q[R?[A_E
M5:U_X](?^N:_RJC,+FW6Z@:%F=0W=#@U(J[%"@DX&,GK4=S!]I@:+S'CS_$A
MYJ15VJ%R3@8R>II=1W]VUS%ET*[-S)-#=1J&=G1'C+A"2#NYZGC'/`!.,4V#
MPY<01RH=2E;?%Y2G!R@W!N.>N=WX$>E.ET6_-S)+#<Q;&=G1)-S;22#N]\8P
M`>@/6FV^@W\,<JMJCR%H?*3.[Y?F#<\]_F&>N"/2F22C1]121D75I!"TA<@C
MY^6)(R/8XIO]CZH&0?VU)Y:@;N#N;@9YSW(S[9IS:9JI9A#J"VL6/ECBR0O`
MX&1ZY.>^?:C^S-6SG^V7X/R\?7KQSU'Y4`/?2[LE76[2258!$))5)*,,_.N#
MU.>?H*J?V'J\T+Q7&L.>RL,Y;Y0`?]DYR>.>:G.FZS)&WF:JH.-H"K\IXP2>
M.O>DCTS5/*N;:2_9HF@9(V9LDNQ/.>H`&/QS0`O]C7SO<M/J1/FQND853^[#
M;??/\/ZFE.D7[2,5U$V\1`"PVX*JGT_'G\33$TK5HI',.J+%&06CA"ED1O3G
MDK^7?%(=)UCS`YU<R%2=N1MRIQQP.#Q[T`+'HVI)(2=9F,9.=H)[MN/Y@X]L
M5MUAQZ;KKAA+JY0[C@H/O#G!Z<=N/:G?V9K)=LZTVS'RX4`C@XSQZX.>_-`&
MU@T5D_V7>[8=]TLS1M*?WI8C+-E6'NHXP>*B_LG66@VR:R[/QDC@'J3R!GT_
M#-`&W16=IUGJ-O,SWNHFY&"`H&!G/7IZ=JT:`"L_6_\`CP'_`%U3^=:%9^M_
M\>`_ZZI_.@";1O\`CV/UK2K-T;_CV/UK2H&%%%%`!1110`4444`%%%%`!111
M0`54U#[L'_7=*MU4U#[L'_7=*`%==Z%<D9&,CJ*9;0?9X%B\QY-O\3GDT]UW
M(5#%<C&1U%,MH3;P+&TK2D?Q/U-+J._NVN9VH:+/?W;.MZ\4+!"8QG[P(R?H
M5&,>O-++I5TLA:WN1@1HD;RLQ>/;UP?]H=3UI-1TJ\O+IFBOFA@;8=@)R&!&
M?P*]O6EETZ]60M!<;\1HD;RR'<F/O=L$L._8TR2`Z;KN]0NKG[I)D(X4_+@;
M<<]&Z^M..FZR5&-7VG<O&"=J@DD9[DY`R?2FFR\0AU4:DG*DER!M4_+@;<<_
MQ>G7/M3C8ZZ0-NI(/F7@\[5R<\XY)&!0`0Z3J8MI8)]4,P9$5`<XXQG)Z\X(
M)S_%4!\-77VA9QJ+(Z-NC0%BD?+$``]0,_I4\.FZP+:6*?4A)E$5.?3&[)`S
MS@C/^U[4KV&L,S""^CMHL?(BG=MXX&2.QSD]\]L4`20:?J0=OM.H&6)H#&8P
MQ&6/5LXR/7CI5?\`LS7(H(X8=0CV*PX7*D+E<C..P!YZDM4HL-9#Y_M;A3\H
M*CD9XSQSQQ338:[)&?,U*)6Q@*J_*>,$GC/7!H`;'IVO'=YFK`?,0/<<X;IQ
MVX[]ZO6%E=6LLCW-X]SO11\Q/##.2!T&<C\JIR6.N2>6/[11%4#S-K'+G=GC
MCY1@8Q[GK2+I^NA0G]J(H5<95>IV\=1QSUZY]J`-NBD&<#/6EH`****`"BBB
M@#&U?_C_`(?^N1_G6W:?\>J?2L35_P#C_A_ZY'^=;=I_QZI]*!D-]_Q\V/\`
MU\?^R-5RJ=]_Q\V/_7Q_[(U7*E;LTG\,?ZZL****HS"O%-;_`.0[?_\`7Q)_
MZ$:]KKQ36_\`D.W_`/U\2?\`H1KAQGPH^BR'^)/T*5%%%><?5!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`5J>&?^0];_1__`$`UEUJ>&?\`D/6_T?\`
M]`-73^->IS8O_=ZGH_R/4-$_U+5J5EZ)_J6K4KW#\\"BBB@`HHHH`****`"B
MBB@`HHHH`IZI_P`>8_Z[1?\`H:U<JGJG_'F/^NT7_H:U<J>IH_@7J_T(Y_\`
MCWD_W#_*JUK_`,>D/_7-?Y5;==\;)_>!%4K)LVJ(>'B&QQZ$<51F.N83<0-&
MLKQ$_P`2=14BC:H7);`QD]34=S$\T#1QS-$QZ.O45(H*J`6+$#!)[TNH[^[N
M8LNEZI]IDDAN(S&9&=$E=C@D@[CCJ!@@+VSUIL&BZDL4\=SJ33![=HH_F8;6
MSD-GU!)Y]`*=+8ZN+F1XIE>(R,R)),P.2003CJ``0%]^^*2UT[7(4F$NHK*S
M0&.(L3\K$@[SZD98?0+3)(WTC6R4*:HB^5(2@P<;<C`]^!CG/K4XL=<=OGU1
M47/1`,GD9ZKZ9P.U-2V\11(L:W<#[`%#O_%@$9/&?[I^N:40^(P@'VJ!FXR6
M`'KGH/I^5`$DEEJ9=I!<1M*R(`^\KL(QO`&"/FYY[9]JA-GXBRJKJ,>[:29"
MHV@Y&!MQD\9_/\*>;;Q"K*%OX&7=\Q:,9QSTX^E*MGK9282WZLS0[4*X4!\@
MD\#ZC/;B@!KV6O%,+J4:DL.HSM7)R,XY."!GVIT%CK"V\J3WZR-MC\KMRI!.
M3C/.",^](UMKGF,+>XBMX,#8A/F,O'.6/)Y_0TD=KX@$H#7T7E;LD[03C?DC
MI_=P!]*`%&G:S@#^TE4%BV,9VC(/&1SCD<]L4)9:Z9=TVJ1[2`2L:``<<@9'
MK^E/EMM;6:5K>\B\LN2B.,_*<\9(X/W<=NM0P6GB)(A&U]$,9RQPQ]NW7KD_
M3&*`&_8=?C&];]7E8*I`Y5>1EB"/3)X[XJ>>PU,RS/;72HSR@B5F)81X^YM(
MP.><]ZC-OXC8$-=VYRS<`;0!VYQG_)K1T];Y;8C4&C:8N2/+Z!>PH`SI-/UX
MD,FJKNP1R`!R5[8]CCTS6G917,-OMN[CSY2Q._``QG@8'M5BB@`K/UO_`(\!
M_P!=4_G6A69K<J^3';Y^=G#8]`.]`%G1O^/8_6M*L[1O^/8_6M&@84444`%%
M%%`!1110`4444`%%%%`!534>(8G/W4F0L?09Q_6K=-=%DC:-U#*PP0>XH`AH
MJG<?;+%?W86XB'3>2&'XCK50ZQ<#K:)_WV?\*!&O161_;-Q_SZ)_W\/^%']L
MW'_/HG_?P_X4`:]%9']LW'_/HG_?P_X4?VS<?\^B?]_#_A0!KT5D?VS<?\^B
M?]_#_A1_;-Q_SZ)_W\/^%`&O161_;-Q_SZ)_W\/^%']LW'_/HG_?P_X4`:]%
M9']LW'_/HG_?P_X4?VS<?\^B?]_#_A0!KT5D?VS<?\^B?]_#_A1_;-Q_SZ)_
MW\/^%`&O161_;-Q_SZ)_W\/^%']LW'_/HG_?P_X4`:]%9']LW'_/HG_?P_X4
MU]7NV&$@B0^I);].*`$U=@=1C4=5BY]LG_ZU;EI_QZI]*YVWM9[F?<VYV8Y9
MV[UTL2>7&J>@H&5K[_CYL?\`KX_]D:KE4[[_`(^;'_KX_P#9&JY4K=FD_AC_
M`%U844451F%>+:ZK)K]^K#!%P_'XFO::Y3Q3X.BU:8W]M+Y%P1A\KE7QW]C7
M+B:<IQ7+T/7RG%T\/5?M-$UN>945T!\'78.#>6P^H;_"C_A#[K_G]MOR;_"N
M#V%7L?3?VEA/^?B.?HKH/^$/NO\`G]MOR;_"C_A#[K_G]MOR;_"CV%7L']I8
M3_GXCGZ*Z#_A#[K_`)_;;\F_PH_X0^Z_Y_;;\F_PH]A5[!_:6$_Y^(Y^BN@_
MX0^Z_P"?VV_)O\*/^$/NO^?VV_)O\*/85>P?VEA/^?B.?HK=7PG<-(Z"]MMR
M8SP_?\*?_P`(?=?\_MM^3?X4>PJ=AO,<(OMHY^BN@_X0^Z_Y_;;\F_PH_P"$
M/NO^?VV_)O\`"CV%7L+^TL)_S\1S]%=!_P`(?=?\_MM^3?X4?\(?=?\`/[;?
MDW^%'L*O8/[2PG_/Q'/T5T'_``A]U_S^VWY-_A1_PA]U_P`_MM^3?X4>PJ]@
M_M+"?\_$<_6KX9!.O08[*Y/_`'R:MCP?<YYO;<#V#'^E;6DZ+!I88QLTT[C:
MTA&,#T`[5I2P]3G3:L<F-S/#>PE&$KMIK3S.JT3_`%+5J50TJW:&WRPP6J_7
MJGQH4444`%%%%`!1110`4444`%%%%`%/5/\`CS'_`%VB_P#0UJY5/5/^/,?]
M=HO_`$-:N5/4T?P+U?Z!52[LA/\`O(F:*;&-Z'!/L?6K=4!//=Y:*00PY^5@
MN6?WYX`JC,SWAU9&Q]HE/O@?X4W9JW_/:7\A_A6GY$G_`#]S_FO^%'D2_P#/
MW<?FO^%`C,V:M_SVE_(?X4;-6_Y[2_D/\*T_(D_Y^Y_S7_"CR)/^?N?\U_PH
M`S-FK?\`/:7\A_A1LU;_`)[2_D/\*T_(D_Y^Y_S7_"CR)/\`G[G_`#7_``H`
MS-FK?\]I?R'^%&S5O^>TOY#_``K3\B3_`)^Y_P`U_P`*/(E_Y^[C\U_PH`S-
MFK?\]I?R'^%&S5O^>TOY#_"M/R)?^?NX_-?\*/(D_P"?N?\`-?\`"@#,V:M_
MSVE_(?X4;-6_Y[2_D/\`"M/R)/\`G[G_`#7_``H\B3_G[G_-?\*`,S9JW_/:
M7\A_A1LU;_GM+^0_PK3\B3_G[G_-?\*/(D_Y^Y_S7_"@#,V:M_SVE_(?X4;-
M6_Y[2_D/\*T_(D_Y^Y_S7_"CR)/^?N?\U_PH`RS'JI&#/-^&!_2FPZ5<22$L
MIRQ^9F.2?QK6\F7M>3Y_X"?Z4L=T\$RPW3!@_P#JY0,9/H1ZT#)[6W%M"(Q^
M-34G7I2T`%%%%`!1110`4444`%%%%`!1110`4455OW9;<(C%3*ZIN'4`GG]*
M`%DOK=7,>XR,.JQJ6Q]<5$;BV/6VF_[\M_A4B(D2!(U"J.@%.H`A\^U_Y]9O
M^_+4>?:_\^LW_?EJFHH$0^?:_P#/K-_WY:CS[7_GUF_[\M4U%`$/GVO_`#ZS
M?]^6H\^U_P"?6;_ORU344`0^?:_\^LW_`'Y:CS[7_GUF_P"_+5-10!#Y]K_S
MZS?]^6H\^U_Y]9O^_+5-10!#Y]K_`,^LW_?EJ//M?^?6;_ORU344`0^?:_\`
M/K-_WY:CS[7_`)]9O^_+5-10!#Y]K_SZS?\`?EJ/M-D.7A>,>KQ,!^>*FHH`
MEC$>T-'MVD9!7H:?61]I_L_4/)`_<RKO"_W3G!Q^AK64AE!'0T#*E]_Q\V/_
M`%\?^R-5RJ=]_P`?-C_U\?\`LC5<J5NS2?PQ_KJPHHHJC,*2EHH`@>SMY#EH
MQFF_V?:_\\A5FB@"M_9]K_SR%']GVO\`SR%6:*`*W]GVO_/(4?V?:_\`/(59
MHH`K?V?:_P#/(4?V?:_\\A5FB@#*MK&V.I7H,8P/+Q_WS5S^S[7_`)Y"H[7_
M`)"=]_VS_P#0:NU,=C2I\7R7Y(K?V?:_\\A1_9]K_P`\A5FBJ,RM_9]K_P`\
MA1_9]K_SR%6:*`*W]GVO_/(4?V?:_P#/(59HH`K?V?:_\\A3DM((SE8P#4]%
M`"4M%%`!1110`4444`%%%%`!1110`4444`4]4_X\Q_UVB_\`0UJY5/5/^/,?
M]=HO_0UJY4]31_`O5_H1SG$$A']T_P`JJV@Q9P`?\\U_E5J?_CWD_P!P_P`J
MK6O_`!Z0_P#7-?Y51F5=<CN)=%NDM!(9BGRB,X8\CI^%9"V^H9<VMO=I:&6#
M;%<L6<$-\[#))"X]ZZ&YEDA@9XH3,XZ(#UJ1264%AM)'(]*SE!2D=-.O*G"U
MD]?\O\OS.:FD\2I90R!I&DD>3S`L2[HP#A!C!R#U/]*LE]9DNI(IC/&#&!'Y
M$2F,G9R2QY!W?TJ0ZY<M?"UATUW993'(=V`".>#CIMVG/OBHY?$X@NY89;*4
M)$[J9`>"!]TCC^(AA[8]Z7L_-C>)3^PNO3^MBFDOB"*PMD079<6XQNB5BTN>
M5?/1<=_UK8TW^T6FNY+YR%\TK#%M`4+@<YZGG-5CXILUC61K>Z"N5V?)RP)(
MR![8Z4B>*;61RB6MRS`<[0"!TQSGW'T[TXPL]Q5,1SIKE2OY%"8^(;JQNH76
MX#M`V\>6JA7R,",CD@C-7]5L+M].T^SM&<[)4$C9(^4*<EMI!QGTH_X2BW!"
MFRO`VTMC8.@`/K[U(VO$VUW)'8S-+;LJ)$2-TCDXP,9XR#S[4O9KJRGBW=.,
M4K:Z%.:UU:SE"68.1#&OF("XR9/FQN)/W3WJ.ZN/$<5OLA2=Y8WEVR"-<2`-
M\H(QW'?BKX\2VC1^8(9MNUFYP#P`3P3G//`[\T#Q):L0BP3M*6VA`!SSC(.<
M8SWZ4.EV;&L7LY03]45VD\0BY>2,%E,LJK$R*%"A,H<]?O<5%+<:\+*(P"[9
MB_[UI($5U^7C:`#E<^W^-6D\3Q,3_H5QMY(P`3@#=DCMQVZU>T[4X=2$IB1U
M\I@K!\9Y&1]/H:/9^;$L4M/<C]Q8M3,;2$W./.*#S,#`W8YXJ6BBM3D;N[A1
M110(*S]:XL5(ZB5,?G6A6?K?_'@/^NJ?SH`MZ7,TMJ-QR15VLW1O^/8_6M*@
M84444`%%%%`!1110`4444`%%%%`!534/NP?]=TJW534/NP?]=TH`?117/:S-
M?1:O"8&NGBP@\F$,H)W<D,`0>.H.*F4N57-:-)U9<J9T-%<T^KZZ'OL6@!B5
MRB&(G!!`7!_BR*>UYK*W(1H3.T,T@4HA19!Y6Y<\X^\<5'M5V-OJ<^K7WG14
M5S::IK<D)$2!R6B`E>U9`A8X==I/(7UK0U>6]LHK>]MQ)<>0<3P1K_K5(QD#
MU!P?SIJHFKV)>&E&2BVKLU**YHS:U8YW"2>3[/&TCE2X0LYW84==H[=>*=-J
MNL)/;)!'YL;J#YK6S()#NP01U7`I>U75%?4Y-^[)'1T5AZXFIS:C;0V#3A##
M(28Y?+4-D8).#GZ=ZAEO->MXKH[4F^SF.,%83EL@;W'J!SQ_A3=2S>@HX9RB
MFI+7I\['145SJ:KK&^PWP_+*Q$FR!B2-V`>>!QR:I7%_K0TPPA9X6:!RK+"[
MO(^\C&?X<#!J7678N."FW:Z_J_\`D=?17.'5-;6]GB%KA(T?8&C)R`F58'N2
M>U1RWVN[$\QV0++`S21VQ^ZP.X$=P#3]JNPE@Y_S+[SIZ***U.(****`,;5_
M^/\`A_ZY'^=;=J<VR?2L35_^/^'_`*Y'^=;=I_QZI]*!D-]_Q\V/_7Q_[(U7
M*IWW_'S8_P#7Q_[(U7*E;LTG\,?ZZL****HS"BBB@`HHHH`****`"BBB@`HH
MHH`I6O\`R$[[_MG_`.@U=JE:_P#(3OO^V?\`Z#5VICL:5/B^2_)!1115&844
M44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!3U3_CS'_7:+_T-
M:N53U3_CS'_7:+_T-:N5/4T?P+U?Z$<__'O)_N'^55K7_CTA_P"N:_RJS/\`
M\>\G^X?Y56M?^/2'_KFO\JHS"YF:"!I$B:4C^%>IJ13N4$@KD9P>HJ.YG-O`
MTHB>3'\*=:D4[E#8*Y&<'J*74=O=O8QSK\AO1:1:?+(XD,4F&^Z1^']W#?1A
M4CZ_!#YAF3"+(\856!?Y<Y)7MTR!U-1GQ"GVT6L=C-)*)#&X7'R,#R/?Y<-]
M"*5]>M8YY%FM'7;(Z*P3<7*$#(X]_6F2'_"3V.X*8YP6`(!51U`(SSQP1R<"
MHAXCTRVB1;>VE`<DHBQA<\\GD\=^3Z4\>(=%$DI7)/'FNL.1C@`D^G(%%QXD
MTZ`'?&QD(^1"HRWR[OPXH`D&O1S10RVMM+(LDQCRZE<84L6[\<4P>*;`(KR)
M,FXJ!E.N21QZ@$4YM?M(KN^MO*P]FGF'!`\SIN(^F0,TZX\0:7;S/%(69D+<
MK&"#M&6P?;_]6:`&'Q-8B-I#%.-@4LI0;N>%XSSU[=.^*UHW$D:.H(#*"`1@
M@5C/XDT[(4PNS8.<H,`8)[]C@]NU33Z]!#%;RQV\TL4ZLP*CE47&6QZ8.>W2
M@#5ID<,4(;RHU3<VYMHQD^IK*'B:Q-T(-LG.`#@9+$D8]/QSWK0M+Z"]\WR"
MQ\ES&^Y<88=10!8HHHH`****`"L_6_\`CP'_`%U3^=:%9^M_\>`_ZZI_.@";
M1O\`CV/UK2K-T;_CV/UK2H&%%%%`!1110`4444`%%%%`!1110`54U#[L'_7=
M*MU4U#[L'_7=*`'UAZKX@ET[43:1V\<N(EDVEF#R98C:H`//'>MRL^[O]-T^
M\\R8XN7CP2D;.VP'O@'`SFHG>VCL;4.7GUCS>1"OB&%R52TNF?SS`B@`>8XS
MD#GMCJ:C?Q39+"9$AN)%2(RR@``Q@,5P<GKD'IFDNKWP\L1@F\IXF0W9V@D<
M_P`61W-1S:?H>IPJS,8+>W15V_+&H5OF`R1WSV-9N4^C1UQIT='.$DOZ_K^K
M%E_$4"^>1;3L()!$6^4!F(S@9//%1'Q39[4>.WN9$9(W+*H^7>2%!YZY&*N-
M::5*1`4MV:1O."A_F)QC<,'/2GKI6GHFQ;2,+A1@#LIROY'FJM4Z,RYL,EK%
MD$FM+_8ESJ,4#[K?>##)P0RG!!QFJD/BJ.:Z\O[+(D:P-)*TAVE77&4&>#C/
M6M<V5J;>6W,">5,S-(F.&).23]:2XL+2Z_X^+=)/D*?,/X3C(_0?E3:GT9,9
MX=74HOKUV1FCQ1:M$&2UN7<LZF-0N054,>^.AI__``DME]IABVR[9E!608(&
M5W`$9R.*N1Z581'*6L8.6.>2?F&#^8&*:NCZ<DJRI:1JZ8VD9X(&`?KCBE:I
MW&Y87^5E+_A*K,1>9)#<1JT0F0L%^=2P48P>Y/>A_%-JD(D%M=,=LC.JJ,H$
MQN)YP>O:I;7PYIULTK>69O-38PDQC&<]`!W[U:&E6`C$?V5-H1DP<GY6^\/Q
MI)5>Y4I81/2+91;Q1:(AWP7"R"0((F`#-E=P/7&,4O\`PDUIYD86"Y9'$9+[
M``GF'"YR<]:NR:583*PDM8VW%6/&#D#`.?8<4ITVR/6VCY"#I_<.5_*G:IW)
MYL+;X7]Y'I6HMJ=JT[6S0;9&0!B#G:2,\?2KU0V]I;VF\6\2QB1R[!>['J:F
MK2-[:G-4<7)N"L@HHHID&-J__'_#_P!<C_.MNT_X]4^E8FK_`/'_``_]<C_.
MMNT_X]D^E`R&^_X^;'_KX_\`9&JY5.^_X^;'_KO_`.R-5RI6[-)?#'^NK"BB
MBJ,PHHHH`****`"BBB@`HHHH`****`*5K_R$[[_MG_Z#5VJ5K_R$[[_MG_Z#
M5VICL:5/B^2_)!1115&84444`%%%%`!1110`4444`%%%%`!1110`4444`%%%
M%`!1110!3U3_`(\Q_P!=HO\`T-:N53U3_CS'_7:+_P!#6KE3U-'\"]7^A'/_
M`,>\G^X?Y56M?^/2'_KFO\JLS_\`'O)_N'^55K7_`(](?^N:_P`JHS"YG%M`
MTI1W"]D&34BMN4-@C(S@]14=S<+:P-,X8A>RC)J16#J&&0&&>12ZCM[M[&0W
MB"V6\%M'9S/+YAC?8HRK`X(/O@`_0BGOKNF1S21S$QF)V5F:/*@@D9S^!-,;
M7K".\$*VTK3-(4;9&,J^<$'WP`?IBD_MO23=7%O+$$,3E'9HP0QR0>GT-,D#
MXAT=(Y'16.W<2%@QN(&2.1R>#^52Q:II4LGE0Q@NJ,X408^4=3TX':H9-9T;
M[$EZT*.DLYA/R+PW(8G/'`ZFGG5]*M;R:!H1#L.&E$0VDE0W4>W//H?2@""+
MQ-I4R;S"5EDP&1HQG!.,D^GU]*'U?0KP>0UOYD;%1_JL!FR0%XZG((QTJP^J
MZ*`[OY8V$1N3`<JW]T\=>,X]!2?;]%^SSO'%%((86=D6$`E5)R!D>N>/?WH`
MGLM0TW49&6V568#=DQ8SVX)';./QJ\L:(,*BJ.>B@=>M9$'B'10K,KK"JG:&
M\O`;Y0W&/R^HJ=O$&EJ0IN?F()"[&W<'!XQU&.:`+WD0[-GDQ[>FW8,?E2Q0
MQP*5B0("Q8@=R>IK/_X2+2B<+=%SG'R1L<\@=AZD#ZT+XBTESA;L-R!E48C^
M5`&G14-K<QWEK%<Q;O+E4,NY=IQ]*FH`****`"L_6_\`CP'_`%U3^=:%9^M_
M\>`_ZZI_.@";1O\`CV/UK2K-T;_CV/UK2H&%%%%`!1110`4444`%%%%`!111
M0`54U#[L'_7=*MU4U#[L'_7=*`'UG76F3/?/>V=Z;:66,1R9C#A@,X(]",FM
M&F[T+E-Z[P,[<\XI-)[E0G*#O$Q&\*VWV>2%)2`]J+<,R`D88G=]>:?/X=22
MX>>*=4<RK(BM$&0839@KWXY]JUIIXK>/S)I4C3.-SG`J,WUF%W&ZAVX)SY@[
M'!_(D"H]G#L;?6ZV_-_7](S(_#:)J:7IN-VUD<IY>/F5<#&#P/;%;=0B[MCY
M6)XSYW^KPP._Z5(651DLH'J351BH[&=2K.I;G=[#J*CEGB@3?-*D:^K-@?YX
MI_XU1D+1110`4444`%%%%`!1110`4444`8.MVMO+J,3/"C,8N21UYK5M=+L#
M;(3:1=/[M9^K_P#'_#_UR/\`.MNT_P"/5/I2Y5V-%4FMFS/O-,L5N+("TB`:
M?!^7K\C5;_LK3_\`GTB_[YI+[_CYL?\`KX_]D:KE2HJ[T-)5)\L=7_3*G]E:
M?_SZ1?\`?-']E:?_`,^D7_?-6Z*KE78CVD^[*G]E:?\`\^D7_?-']E:?_P`^
MD7_?-6Z*.5=@]I/NRI_96G_\^D7_`'S1_96G_P#/I%_WS5NBCE78/:3[LJ?V
M5I__`#Z1?]\T?V5I_P#SZ1?]\U;HHY5V#VD^[*G]E:?_`,^D7_?-']E:?_SZ
M1?\`?-6Z*.5=@]I/NRI_96G_`//I%_WS1_96G_\`/I%_WS5NBCE78/:3[LR+
M;3+$ZC>J;6+"[,#;T^6KG]E:?_SZ1?\`?--M?^0G??\`;/\`]!J[4QBK;%U*
MD[[O9?DBI_96G_\`/I%_WS1_96G_`//I%_WS5NBJY5V(]I/NRI_96G_\^D7_
M`'S1_96G_P#/I%_WS5NBCE78/:3[LJ?V5I__`#Z1?]\T?V5I_P#SZ1?]\U;H
MHY5V#VD^[*G]E:?_`,^D7_?-']E:?_SZ1?\`?-6Z*.5=@]I/NRI_96G_`//I
M%_WS1_96G_\`/I%_WS5NBCE78/:3[LJ?V5I__/I%_P!\T?V5I_\`SZ1?]\U;
MHHY5V#VD^[*G]E:?_P`^D7_?-']E:?\`\^D7_?-6Z*.5=@]I/NRI_96G_P#/
MI%_WS1_96G_\^D7_`'S5NBCE78/:3[LJ?V5I_P#SZ1?]\T?V5I__`#Z1?]\U
M;HHY5V#VD^[*G]E:?_SZ1?\`?-']E:?_`,^D7_?-6Z*.5=@]I/NS)U+3+%+0
M%;6('S8Q]W_;6K?]E:?_`,^D7_?-)JG_`!YC_KM%_P"AK5RIY5?8MU)\BU>[
M_0H3:78""0BTBR%/\/M3K7_CTA_ZYK_*K,__`![R?[A_E5:U_P"/2'_KFO\`
M*J22V,92E+=A<7$=K"TTF=J]<#)J16#J&'1AD9J.XN(K:$RS'"#KQFI%8.H9
M3D,,BCJ%O=O8R&UO2X;P(L+^>\A#%(AD/G:<^_R_EBI'NM(>6>.XBB1HV*MY
MJ`%N>3ZX)/7OFA-0TM+N39#MG\UM[",`Y&%9B2>!]T9/7C%56O\`P[=I-.T2
MRE(_/=C&=P&[;W[Y[?C3)))K_P`/_9V#)!(@&\Q^3UXXX(ZD=,]:FN-5TF.*
M-F:.2.:81Y501N*]3G_9Z_E5>!/#B$$)"K)'MV2<D*,]1SD]?R]JD4^'I(!;
M%[:9`Y?#?-EF)8GWSR3VX]J`&->:'%>/:-:(K1G:S>2-HP-_45(NH^'P6=)+
M;YARPC/S`\GMSTR?UHN]1T,Q1";RIXKER5*IN4L,*2??D"HX;[P\05$<,2Q@
MK\\>!CH0*`'&]\/.=SK;;DR,&')'KC`Y]3CUI;E-&N3,DMHI3Y1+,B8R6P0N
M1\Q)R.GK3+X^'VT^<R>488B/,,`^8;CCCZD8X]*GE.D-(0\"OMB4O(%^5%_A
MR?7CCJ:`(UU+P_%C8T&">JQ$@8&[.<?[/7U%2P7&D37*V]O%$SR`G"Q8&!QG
MD?A^!J`7GAUG,1%LBQD`,RA5)/8'\3^M2I>Z'!<[HVA25ANWA",AL]#[X/3^
MM`&G'&D2".-%1!T51@"G52_M?3RDCK=HXB7>P3DXX[?B./<4/J]A$Q2>X6"0
M#+1R'#+]0*`+M%4%US2VZ7T0.2`"<$D''\Q^-7Z`"L_6_P#CP'_75/YUH5GZ
MW_QX#_KJG\Z`)M&_X]C]:TJS=&_X]C]:TJ!A1110`4444`%%%%`!1110`444
M4`%5-0^[!_UW2K=5-0^[!_UW2@!]1"WA%P;@1CS2,%N^*EHH!-K8KWEE#?Q+
M%<`LBN'P#C)'8^U9J>%M/BN!<0M-'*K;T((PAR#P,8Z@<5M44",W^Q(!'LCG
MFCW1-%(01EU)+'MP<DGCUJ`^&+$\L\I?<'R<8R#G&,8`SVK9HH`Q3X6L"H7S
M)]H7`&X>@')QST_,GUJSI^B6NG3F:)I'<AAF1L]2#^?'6M&B@`HHHH`****`
M"BBB@`HHHH`****`,;5_^/\`A_ZY'^=;=I_QZI]*Q-7_`./^'_KD?YUMVG_'
MJGTH&0WW_'S8_P#7Q_[(U7*IWW_'S8_]?'_LC5<J5NS2?PQ_KJPHHHJC,***
M*`"BBB@`HHHH`****`"BBB@"E:_\A.^_[9_^@U=JE:_\A.^_[9_^@U=J8[&E
M3XODOR044451F%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444
M`4]4_P"/,?\`7:+_`-#6KE4]4_X\Q_UVB_\`0UJY4]31_`O5_H1S_P#'O)_N
M'^55K7_CTA_ZYK_*KC`,I4]",&LZ"06P6UG8(\8VJ6X#J.A!^G:J,R6XGBMX
M3).0$'7(S4BL'4,IR",@TTF-AABC`]B0:7>G]Y?SH#2QD2?V'<W#A[?S96D9
M7)5LG!`.3G[H)'MTIL%UX>,4KP)%M\DRR;8S]S<%Y_%!^0JW-I&F7$CRRPJ[
MR??8R'+#T//3VZ4^'3=.MRY@ACB+J59D;!(..^?]D?E0(@G30Y$+W`M@)6W-
MO;!+<_KR?S-1@>'A)'"GV4%`P7:W"@=1G/OT[\T\Z!I&4VPA`AZ)(0",$8Z]
M,'GUI#X?THPF(Q@ACR2^21NW;?89]*`!TT,1B*6*,06WRAW!$:$X.W)X)^Z<
M?2F[O#D<F-UF&^;H>F/O<U;GTW3[AV>6-6+L'8;R`6'`;&<9QQFF2:/I4H`>
MWCX&.&([Y]?4YH`BM=+T>:.<P!+B*5AO`?*KC)`&.GWC^=6CI5@45/LJ!401
M@`D#:.@X/;MZ5+;Q6]K%Y4`1$R3@'N>M2;T_OK^=`%3^QM-!4_8HLJ<@XYSZ
MT'2-/*JIM4(0`+DGY0,XQSQC)QZ5;WI_?7\Z-Z?WU_.@"NNF6*1M&MK&%92I
M&.H.,_GM'Y4@TJP5R_V5"QQEB22<=,Y-6=Z?WU_.C>G]]?SH`JII.GQR"1+2
M-6&,$9['(_7FKE-WI_?7\Z-Z?WU_.@!U9^M_\>`_ZZI_.KQDC`R9%`]2PK'U
M2]BN0EO`P=5;<[CIQT`]:`-#1O\`CV/UK2K.T=2+7)'4UHT#"BBB@`HHHH`*
M***`"BBB@`HHHH`*K7T;R6^8QN>-@ZKZX/2K-%`%2*5)T#QMN!_,>Q]#3\'T
MJ"^TR.Z/F)\DO=E)!/Y5G'1KL'B1S_VT;_&@#8P?2C!]*QO['N_[\G_?QO\`
M&C^Q[O\`OR?]_&_QH$;.#Z48/I6-_8]W_?D_[^-_C1_8]W_?D_[^-_C0!LX/
MI1@^E8W]CW?]^3_OXW^-']CW?]^3_OXW^-`&S@^E&#Z5C?V/=_WY/^_C?XT?
MV/=_WY/^_C?XT`;.#Z48/I6-_8]W_?D_[^-_C1_8]W_?D_[^-_C0!LX/I1@^
ME8W]CW?]^3_OXW^-']CW?]^3_OXW^-`&S@^E&#Z5C?V/=_WY/^_C?XT?V/=_
MWY/^_C?XT`;.#Z4A^4$MP!U)K'_L>[_OR?\`?QO\:0Z)</\`?R_^\Q/\Z!D5
M]<)=W^^([HT78&_O'.21[5T-J,6R#VK.M=&*.&E(X["M8```#H*`*E]_Q\V/
M_7Q_[(U7*IWW_'S8_P#7Q_[(U7*E;LTG\,?ZZL****HS"BBB@`HHHH`****`
M"BBB@`HHHH`I6O\`R$[[_MG_`.@U=JE:_P#(3OO^V?\`Z#5VICL:5/B^2_)!
M1115&84444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!3U3_CS
M'_7:+_T-:N53U3_CS'_7:+_T-:N5/4T?P+U?Z!5>]%L\!6Z9`AZ;\5,S!$+'
MH!FJ%K&'1;F4!II1N+'^$'H!Z`51F9;Z?8;ODGCQ[H?\*;_9]E_SWB_[X/\`
MA6IJ&HKIZ1$Q2S--*(D2/&2Q!/<CTJO'K]JY4,)(CN=9%EX:(HNXY'?CTJ7.
M*=F:QHU)1YDM"G_9]E_SWB_[X/\`A1_9]E_SWB_[X/\`A6@NO:8WE$7JXE^X
M<'!!.`>G`)X!-,N/$.G6T4SF=I/(X<1H3WQP>AP31SQ[@J%5NW*_N*7]GV7_
M`#WB_P"^#_A1_9]E_P`]XO\`O@_X5IC6;`W"6_VH>:^,*01R1D`G&`2.QYIU
MOJEG=6TEU#<JT$6=\G(48Z\FGS1[DNE42NXO[C*_L^R_Y[Q?]\'_``H_L^R_
MY[Q?]\'_``JU<^)+"&U$\3M.3*L6Q00P+=,YZ#%6KK5+>SN%BN'9-T32ES]U
M57&<_G2YX]RO8U5:\7K^AE_V?9?\]XO^^#_A1_9]E_SWB_[X/^%7SX@TL1>9
M]M&W>4^ZV<XSC&,].:<=;TX/$GVU,RA64C)&&^[D]!GWHYX]P]C5_E?W,SO[
M/LO^>\7_`'P?\*/[/LO^>\7_`'P?\*T_[8L=@<708%&<;02<`[2<`>O%0CQ#
M8/-%%%,TAEC>12JG'R]03V/UHYX]P5&J_LO[BE_9]E_SWB_[X/\`A1_9]E_S
MWB_[X/\`A5^+7;!_(#7*I).B,%))QN^Z"1P,U+:ZO8WMPT%O="21025`(X!P
M>O7!H4XOJ)T:BU<7]QE_V?9?\]XO^^#_`(4?V?9?\]XO^^#_`(5?36[>36'T
MQ1)YL?5N-N<`^N>_6M#)]3333V)G"4+<RWU,#^S[+_GXA'U4_P"%7K;1XW`?
MSE=.Q4Y!K1R?6J5U)_9\B7,0`1V"2H.AST/UIDFE'&L2!%&`*?4<,JSQAUZ&
MI*`"BBB@`HHHH`****`"BBB@`HHHH`***JW[NMN%1BK2NJ;AU&3R?RH`=)?6
M\;F,R;G'544L1]<4W^T(/[LW_?EO\*(XTB0)&H51T`H\Q#C#KR<#GJ?2@`_M
M"#^[-_WY;_"C^T(/[LW_`'Y;_"G8-([K&C.[!549+,<`4`)_:$']V;_ORW^%
M']H0?W9O^_+?X4X<].:89HQ,(3(OFD;@F[YL>N*`U%_M"#^[-_WY;_"C^T(/
M[LW_`'Y;_"E4AL[2&P<'!S@T`@D@')'4>E`"?VA!_=F_[\M_A1_:$']V;_OR
MW^%.P:,'TH$-_M"#^[-_WY;_``H_M"#^[-_WY;_"C>N\Q[AO`R5SSCUQ3J!C
M?[0@_NS?]^6_PH_M"#^[-_WY;_"G44"&_P!H0?W9O^_+?X4?VA!_=F_[\M_A
M3J*`&_VA!_=F_P"_+?X4?VC;#[S.@]7C91^9%.HH&3@A@"I!!Y!'>EK(%S_9
M]_\`9P/W$J[U7^Z<X./;O6L"&`(Z&@"I??\`'S8_]?'_`+(U7*IWW_'S8_\`
M7Q_[(U7*E;LTG\,?ZZL****HS"BBB@`HHHH`****`"BBB@`HHHH`I6O_`"$[
M[_MG_P"@U=JE:_\`(3OO^V?_`*#5VICL:5/B^2_)!1115&84444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110!3U3_CS'_7:+_T-:N53U3_`(\Q
M_P!=HO\`T-:N5/4T?P+U?Z$<_P#Q[R?[A_E5:U_X](?^N:_RJS/_`,>\G^X?
MY56M?^/2'_KFO\JHS*^J6MM<P1M=7#6RPR"1)5<(589`Y/UJLFAZ;+&H61Y"
M0[E_-W-)O&TL3WXZ5)K>GR:A:QI$B.\<@<;I"A!P>0<$9Y[BLL^']0^_O@\]
MK%K<R(Y38^200`,=#CMZUC+XOAN=U&WLU^\Y33E\/6,T\,S+(&A1(^H(95Z`
MY'\J0:%:R6LT"7%P;:?.(UDRB$MDE>/6J+Z'?KJ%N\,H6"$IR9FW,O\`&#GK
MG-5AX;U..QM[:&9(Q$9-RK,PR2<JX.."!VJ7_A-%JE^^_P"!OY_U<V?["MC/
MYS23L-ZRNA?Y'=1@.1CKP/:I+?3K)]&%A'^^LV0KG=G()YY%8KZ?J?\`;B86
M:1!<K(UPSD#8%^[C.",^V:GM-%U"WDM#.R7"Q1JO,[IY1#$D@#[V01U]*:>O
MPBG'W5>KV:_'\OD6CIFFV\J_:+UVG:1)`T\PWML^Z/IR:M7VDV^HMOG\S)A>
M'Y3CY6QG\>*I:GH!U35&FDF$=NUL(F"J"Q^8GC(X^HYJ$Z+J(OGD2X`7>Q6;
MSFW%"N%CV=!@XY]J-M.70E-2M+VMI6^[R+YT:S%Z)RS^<6\P#?\`[&SIZ8JO
M)H&F6D`,L\L-NJHLBM+M23;]W=55/#MS$]E)'*/.BM7BDF:5BRR,!\XSUYSQ
M4?\`PCE[-;F*=D5-\+&+SW<,5/S/D]"1VI/_``EQ:5OWVFGY^OS1I2:!IY6[
MER\8NF$CN'P%P<\=@,\D=#3+71=.#+]FN)&,8?<$D!R).3G`Z="*JG0]1-S,
M3.NUO-!D,S$RJP(5"G0`9'/M2#0M12+:)4=!Y.Z'S602!8]I&X=.>??%'_;H
M7TM[;^MOR_X-B\OARR38JM.(U$8>+?\`+)LQM+#\!^53VND6MG-%+$9-T*NJ
M[FSP[;C^M/TNVGM-/B@N9?-E7.3DG`SP,GDX'&:MUK&,=[')4K5+N/-=?TOR
M,E?#EBNHB_5IA*LIE`WC:&/7MR/KT[5K444U%1V,YU)U+<SO8*S];_X\!_UU
M3^=:%9^M_P#'@/\`KJG\ZHS)]')-L0?6M&LW1O\`CV/UK2H&%%%%`!1110`4
M444`%%%%`!1110`54U#[L'_7=*MU4U#[L'_7=*`'CK7.1>'[Z.2"3[6?W=Y)
M-Y>040-NP1QG/([UT=<Y'K.H'5VE-O-_9\K-#%F/Y=P^ZV>O)!'Y5E4Y=+G7
MAO:VER6^?SV\]R.#1];CLY8Y+CS&=D#`SGYL$[F![$\>U1W&@ZS/8"WFE$Y-
MNT0S<LHC;<3D\?/E<#GTJ5?$]W);[X[=,B*(R.R/MB9F(;(ZD+CM4":KJKQ2
MNDK.^ZY*,$.S"JI7`(Z=<9K!^SMU/07UI.[45K^AL:I8WEQ':K`=\<0(EA$Q
MBWG&`=P]#VJ/2M'N;74C>7DHFE-K'$9-Y)+#.>/RJ_ID[W.FV\\CJ[O&"S(I
M`)^AJU70H1;YCS77J0BZ7R_$YV30KYWD`F*1O-<28CF*Y+@;,X]"*C.AZJ/M
M3QRA9KB.',GG'YBH`=?;..M=-12]E$I8VJNW].YS\.C:C^X,UU(1%!*`OGGA
MR?DSCJ`/6HAHNJQ6[1),9%D2'>'N&)W`'>0>V>/:NEHH]E$/KE3R_IW,71],
MOK2Z2>]D61A:B$MOW$D.3_(BMJBBKC%15D85:LJLN:044451D%%%%`!1110!
MC:O_`,?\/_7(_P`ZV[4YMD^E8FK_`/'_``_]<C_.MNT_X]D^E`R&^_X^;'_K
MX_\`9&JY5&X=9]1M8(SN:%C+)C^$;2!GW)/Z&KU2MV:3VCZ?J%%%%49A1110
M`4444`%%%%`!1110`4444`4K7_D)WW_;/_T&KM4K7_D)WW_;/_T&KM3'8TJ?
M%\E^2"BBBJ,PHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@"
MGJG_`!YC_KM%_P"AK5RJ>J?\>8_Z[1?^AK5RIZFC^!>K_0CG_P"/>3_</\JK
M6O\`QZ0_]<U_E5F?_CWD_P!P_P`JK6O_`!Z0_P#7-?Y51F%S)+'`SP1>:XZ+
MG&:D4DJ"PVDCD9Z4M%`7TL8DNM7T<\D26(E(D:-"@8J,<C)_W0Q/3!`'<4LF
MK:A!86]Q-8())2<Q*26QC*X';)Z]<5?U*^?3[7[0(6F56"LJ9+`'@8'?G`_&
MJ*ZQ?+83W4]BL7E2;!ES\P#$,0.IQC(]<T"(Y?$DB1(5TN9G<$@9XX'4G'3@
M_IZTDGB@*H_XEMPK.Q5`Y&6(]!W^E2#Q,JKE[&X!\SR\#G)W$#^63]:A_P"$
MIM_+$\VG3JR*"6;;A25W$!C^7N>*`+;:S*;:&>.QD?S)"C1Y^9>.,\<<U'_P
MD+;XT_LF[!<J#D`!<C/4^U/37?,M)9UMI-T+(K(>&.2!D#KC!ZTQ_$R1QEFT
M^\#``[0H/!('7IW'Y^U`#8_$,TK8329SDKCYL=<`YR.Q/Z$TJ>(GD)"Z3=_+
MC.[`(^7)X_SF@^)?WA0:?<G`/&1G(*\>G1L]>U*/$JM((AIUWO.."``"3@<Y
M_7M0!HV%R]Y91SR0^2[@YCSG:<XJQ6-_;[O%%(MH4$EP(3YK<@%-VX^GI35\
M40.VT6-T.!\SJ%`RVWG/0>_ICUH`VZ*Q9?$D:S"..TF?!*N<?=(.,`=SP3]*
MEM->CN[A(ELYU#$`R'!4$@D?RY]#Q0!JT444`%9^M_\`'@/^NJ?SK0K/UO\`
MX\!_UU3^=`$VC?\`'L?K6E6;HW_'L?K6E0,****`"BBB@`HHHH`****`"BBB
M@`JIJ'W8/^NZ5;JIJ'W8/^NZ4`/HS25%;//(C&XA$3!B``V<CUHN%M+DV3ZT
M9/K67JNH7UF^RTLOM&Z)G5L$@%<D@X]?EQZ\TV74]0M1")=.,KM&6<1'[I&>
M,\]AT]30(UJ*PTUV\C1?M&EREWDVCR\XP3QU'88S^/I3HM>G?+/I<R1C#;N<
MA2%Y(QZL>G930!M45BC7YF2.0:9,J$D.K9WJ-N<XQW_I4D.MS374,7]EW"I*
M^T2-P`,`Y((]_P!#0!K45AP:W>30SEK)H6CN`FYXV*K&<_,1U)XYQTR*9'XE
MN"A#:3.TB$*X0D`'`.3D<`AN._K0!OT5B2:_<JR(NDS[FP3NSA1NV\X'7'-+
M'KUPX'_$IN,@9;J-O7/;KQP/<<T`;5%9$FLW/EVLD6FS,)'83K@DQJ#MR/4Y
M(/TS4$GB&X9HQ;Z9.03R75N1M)X&.Q`!SZT`;U%5[&XDNK**>6+R9''S1Y)V
MGTY`JQ0`4444`8>N0QS7T`D7<!&<<D=ZTK72[)K="8>W]]O\:H:O_P`?\/\`
MUR/\ZV[3_CU3Z4FDRU.:5DQT%O#;)LAB6->N%&,U)113$VV[L****!!1110`
M4444`%%%%`!1110`4444`4K7_D)WW_;/_P!!J[5*U_Y"=]_VS_\`0:NU,=C2
MI\7R7Y(****HS"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`*>J?\>8_P"NT7_H:U<JGJN1I[N`2(V20X]%8$_H*M@A@&4@@\@CO4_:-'_#
M7J_T&3_\>\G^X?Y56M?^/2'_`*YK_*K,_P#Q[R?[A_E5:U_X](?^N:_RJC,E
MHJ*YF-O`TBQ/*1_"G4U(IW*&P5R,X/447"SM<JZC?_V;:_:6B:1`P5MO49X'
M'?G`_&J2ZW=?89[J;3_)$,FSYI.#AB&(XR<8[=<\4DWB)()Y(7M6+JY1%5P2
MQ'3M@97<WT4TKZ]Y=A!=W%DT4<Q/WVZ#&0<8R<_2@0T>*+<+E[>X4^9Y>.#D
MEBH[_P"SGV%1-XHL)H`UQ93D*%9@ZJ54[=W4G&0/S/2ICXGTY2`T=P"22`(L
MYQD$_3(-))KFE7#"&>WD;YEPKQ`_-G`&,]<\#-`$J:_'):2W"PR'R6564G!^
M8@<#KT/I4;>*+5$)>VNPV`=OE]B0,YSCN/SK8P,YP,T8!&"!B@#'/B>`2%!:
M7)P#D84'.5XQG_:S2CQ-;-((UM;LR<?+L'!)P.<UKX`Z`?E1@9S@9^E`&0-?
M>:%)+6PEE9Y_*",P!(V;\]\>G-,B\56TF%:WG,@4%P@R%R"3S[8K:_"C`]!^
M5`&0?$L&0/LMSRNX#:,XP&SUQT_&K>GZK!J9F$*R+Y1&=^!G.<<=NAX-7:CC
M@BA+F*)4,C;G*C&X^IH`DHHHH`*S];_X\!_UU3^=:%9^M_\`'@/^NJ?SH`FT
M;_CV/UK2K-T;_CV/UK2H&%%%%`!1110`4444`%%%%`!1110`54U#[L'_`%W2
MK=5-0^[!_P!=TH`?4-M+-*C&>#R6#$`9SD>M2U%;32S(S2P-"0Q`#'.1ZTNH
MU\+*.JZI=6#[(+(SEHFD0C./ER6!Q_P''KFFSZO<V8MS=6@7S$9I$C.Y@1TX
M[#`SGG'2G:KJ\NFOY<=FT[-$TB;2<';DL#QQQC'KFF2ZW/:R0)/9,ADB:1E5
M\L"&P`/<]?:F20GQ7`'95M9B`X3)8`9.,9]`=PP:<?$C-&[0Z9<LZHSA6.W&
M`3@^A^7I[BFGQ-`LC*^GW.0V>%4DX4$GZC./P-//B:(M(B6EPTD>X$<$`J"3
MG!XZ?C0!*-:D.KO8_9R%$'F)(2<%L;B">@'O^6><5CXF86Z9M':=BNX8*IC=
M@G//`YYJQ#XBAN)I(4MK@-&CNQ9?E&W/&?P[9ZBJL/BT8!N;"XASL``Y)8Y#
M#Z*1C/?K0`]_$Y"EEL)P0IX?@`X!&3T'7'K3H/$3221P_P!G3F:3J%&T`[L<
MD_GFE;Q3;HZQO;7*NP^Z0/EYXR<X`]Z1/%-O/$6CLKN13C^$<Y&?7T_.@"1]
M?8VUI<V]C/)'.YW?*<I&#@MQ[D?AFH)?$Y)46]C,_(R7!'&TDX'?!X/H:D3Q
M+`-R1V%V/+X*A``,*21U[`'Z]J>_B$I#;2BSF(EE=)`.3$BMMW''OCCW]J`+
M]A=/>6:7#Q&%FR"A;.W!(_I5C)]:PI?%4!91;VTLF2-Q;C@J6X[G&,'T-:MC
M=?;;*.Y\HQ;\_(Q!*X..U`%BBBB@`HHHH`QM7_X_X?\`KD?YUMVG_'JGTK$U
M?_C_`(?^N1_G6W:?\>J?2@9-1110`4444`%%%%`!1110`4444`%%%%`!1110
M!2M?^0G??]L__0:NU2M?^0G??]L__0:NU,=C2I\7R7Y(****HS"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`$Z\&J:V$D'%G=-#'_SR90Z
MCZ=Q],XJ[12:3*C)QV*$T-]Y$F;V,C:?^6'M]:=:_P#'I#_US7^569_^/>3_
M`'#_`"JM:_\`'I#_`-<U_E0E84I-[DM%%)3)*E_>P:9;?:)H_P!UOP[*!\I/
M0GZG`_&J::["]L]S<6,L,<,OEY<`\Y(./IM.<>U71>QRV$MSY$C)&"3&R?,<
M<\`U2B\06-P\R)!(\$4;2F4("A49.1]<''K0G<;33LQ#XDTOS-CI*N"`,P9Y
MYSP.>,'-1G6-"65[IHB)%*LTC1<C^[^A)P/>K#ZKIL3)]JA6*5MN%\L.<G.W
ME<\GG'XU!#J?A^"(QQJJ)G>P:$GJ?O'(Z9(&:!$B>)].()?S8\#<0R9('3)Q
M[\4Z;Q%90BU8A]MQ(8\L-OEX(!)'U('XU&^NZ&D@5@,KEB?(^YD9YXXST^M2
M7.K:?&T'FVQ>.55>)S$.2QQ@`\YZ$^@H`/\`A(;9)Y8IX9HECD9!)MRK;3@G
M\#CUZBF?\)/:&XCB6WN-KX(<H!U"E<#/?>.N*6;Q#HP\OS&W9Q(N82=H()W]
M...<]>12/KNB;,MM*L`&+0X&..#D=LCB@!8/$^GS.5RX&?E.W.5SC=[#./SI
MK>*;*.ZD@ECE0Q.ZNQQ@;>A]]W./]TT^\U>RM)(E:Q=R8_.!$0&P9(!.>G_U
MZ&UW1'W*SJX!(;]R2,C)]/8D>M`"GQ-I2KO:9PI*@,8SSDD9'J,@T@\3:87V
M!IBXQE1$21GI^>:1M;T7)$FU1&>K0_=QCKQQR<?6K6G1:<UL'L[=%3>W5,,&
MSANO/4?I0!6_X2C2^!NG#%=VWR3D#`.3^=6['4H-1:40K(/)(#%UQDD?TZ58
M,$)()AC)'0[!Q3EC122J*I/4@8S0`ZL_6_\`CP'_`%U3^=:%9^M_\>`_ZZI_
M.@";1O\`CV/UK2K-T;_CV/UK2H&%%%%`!1110`4444`%%%%`!1110`56OHGE
MM\QC,D;!U'J0<XJS10!4AF2=-T;9]1W!]".QI^#Z&H;[3(KP[\!9/[PX)K-.
MA3YX<_\`?9_QH`V<'T-)@^A_*L?^PY_[Q_[[/^-']AS_`-X_]]G_`!H$;&#Z
M'\J14"9VIMR<G`QD^M9']AS_`-X_]]G_`!H_L.?^\?\`OL_XT`;&#Z?I2X;T
M-8W]AS_WC_WV?\:/[#G_`+Q_[[/^-`&O)$LJ&.1`Z-P589!I53:H55V@#``&
M,"L?^PY_[Q_[[/\`C1_8<_\`>/\`WV?\:`-C!]#2X/H:QO[#G_O'_OL_XT?V
M'/\`WC_WV?\`&@#9P?0TF#Z&L?\`L.?^\?\`OL_XT?V'/_>/_?9_QH`V,'T-
M&#Z&L?\`L.?^\?\`OL_XT?V'/_>/_?9_QH`V,'T-(Q"*6<A0.I)P*R/[#G_O
M'_OL_P"-(=!F/7#?[Q)_G0,@O;E;R^\R(YC1=BM_>YR3]*Z*U&+9`?2L^UT;
M8X>5@<=A6J``,#H*`%HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`I6O\`
MR$[[_MG_`.@U=JE:_P#(3OO^V?\`Z#5VICL:5/B^2_)!1115&84444`%%%%`
M!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`1S_\`'O)_N'^55K7_
M`(](?^N:_P`JLS_\>\G^X?Y56M?^/2'_`*YK_*@"6DI:3I0(K+?Q/92W:K(R
M1ABPV_,<=<"J5OKFFM)+#;PMY<41<LD8V%%!Z8[<'':KHU"V:QFO`6,,2LS_
M`"\X`R>*H?VQI-M:.1`T<"H%8+$`,8&$P#SPPX'8TEL5)6;5K"QZEH"%67R$
M*\`^3C;SZXX&>_3-)'>>'H(PB+`H3Y@IA.[D9S@C/3G\O:E&H:.T9DBMO-42
M/%E(0<[1N8^X[^]1F^\-BV#%;<QX.`(LG&1G^2G'7I3)'+J>@RECLBP<DL8/
MO8R"W3IC//2I9+_2I(!<+"DZ*RQ%O+X0$9!)/1>G/TJ-[G05+*(87,<9F95B
MY4*N>1]/ZT^/4-#N+0.3"D98#8Z8.1P,B@",ZKH'D?:&2,`A?O6^&^[E1C'7
M&/TIJWOAUKCSQY9E1-F/*8[5R.V..<`^_%/-YX<V@N;1=AR`Z?=)Q[?3]*27
M^P)8&91&RP`SE8003M.,^_(_2@#1M'LKJVW6HB>'&SY5XQUQ].:>MG:HNU;:
M%1UP(Q5"VU32K.)K17^S>1G=%(,,#G)^I.<^^:F&N::?^7M<8)S@]NOY=Z`+
M+6MNP8&"/YNOR#FBUM8+*W6"WC$<:DD*/4G)_6DMKVVO0QMIEE"'#%>QJ>@`
MHHHH`*S];_X\!_UU3^=:%9^M_P#'@/\`KJG\Z`)M&_X]C]:TJS=&_P"/8_6M
M*@84444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`%*U_P"0G??]L_\`T&KM4K7_`)"=]_VS_P#0:NU,=C2I\7R7Y(****HS
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@".?_CWD
M_P!P_P`JK6O_`!Z0_P#7-?Y5:F4M"ZCJ5(%5+-@UE`1T\M?Y4`34G2EHH$5?
MM-I<V$TO^LMPK"0;2<C'(QWK,>ZT!4-T]N"L2@F0INVG`('7EL$=,X!K;**4
M*8PIZA>/Y52&B:8&5A91Y4Y')QGU(SR?>A#=KZ%43:`T`39`(4F:,?)A0ZJ`
M<?A@>]-*>'#<FX,ML6"XV[OE&<'./7@'-:":781HD:6D:I&P9%`X4@``C\`/
MRIC:-IK*%-G'@9QC(QD8/YCB@15+^';1'DS:*)%(8CG<".1[\'I2'_A'`"SB
MU7@J=W!(SR#Z_P`^:M-HFENVXV46<L>,CENI_4TX:/IROO%HFX$D=>IZGZ^]
M`%9QH?VDV9@A+QQ^?@)P%]0?7Y1^51I<^'_G,@A@=U8,LXVL58!CP>Q&*O?V
M58&X6X^RIYJIL#<\+C;C\N*:-&TU2"+1`5!4-DYP1C&<Y/`'Y4`5_,\/K@-]
ME4H<C<.01GGZ\M[\FD9-"W$_9H64H)7E"_*JD$`LWH0",>U2C0--6XCE6W"B
M/I&IPI/8D=SS4\FE6$BA7ME*A/+P"0"OH>>1SWH`@BU/1;?`AN;=`Y5?DZ>W
M^>V:M6U]:7F?LMQ'-M&3L.<?YP:C.D:>RA6M(R!GKGOC/\A^52VUG;V:E;>)
M8P<9QWQTH`GHHHH`*S];_P"/`?\`75/YUH5G:V1]A4=S*N/YT`3Z-_Q['ZUI
M5FZ-_P`>Q^M:5`PHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHJ&[N!:VS2[2Y&`JC^)B<`?F:-AI-NR)J*I)8/*-UY<2R.>JQN41?8`?
MUIW]F6W_`$V_[_O_`(U-WV+M!=?P+=%5/[,MO^FW_?\`?_&C^S+;_IM_W_?_
M`!IZBM#N_N_X);HJI_9EM_TV_P"_[_XT?V9;?]-O^_[_`.-&H6AW?W?\$MT5
M4_LRV_Z;?]_W_P`:/[,MO^FW_?\`?_&C4+0[O[O^"6Z*J?V9;?\`3;_O^_\`
MC1_9EM_TV_[_`+_XT:A:'=_=_P`$MT54_LRV_P"FW_?]_P#&C^S+;_IM_P!_
MW_QHU"T.[^[_`();HJI_9EM_TV_[_O\`XT?V9;?]-O\`O^_^-&H6AW?W?\$M
MT54_LRV_Z;?]_P!_\:/[,MO^FW_?]_\`&C4+0[O[O^"6Z*RDL(6U2:(M/L6%
M&"_:'X)+9[^PJS_9=K_TW_\``B3_`.*I)ME.,%U?W?\`!+E%4_[+M?\`IO\`
M^!$G_P`51_9=K_TW_P#`B3_XJC45H=W]W_!+E%4_[+M?^F__`($2?_%4?V7:
M_P#3?_P(D_\`BJ-0M#N_N_X)<HJG_9=K_P!-_P#P(D_^*H_LNU_Z;_\`@1)_
M\51J%H=W]W_!+E%4_P"R[7_IO_X$2?\`Q5']EVO_`$W_`/`B3_XJC4+0[O[O
M^"):_P#(3OO^V?\`Z#5VJ(TBS5F8+*&;[Q$\F3^M._LNU_Z;_P#@1)_\50N9
M%2=.3O=].G_!+E%4_P"R[7_IO_X$2?\`Q5']EVO_`$W_`/`B3_XJC4FT.[^[
M_@ERBJ?]EVO_`$W_`/`B3_XJC^R[7_IO_P"!$G_Q5&H6AW?W?\$N453_`++M
M?^F__@1)_P#%56N;"".[LT1IPLDC!A]H?D;"?7U%#;0XQ@W:[^[_`()JT54_
MLRV_Z;?]_P!_\:/[,MO^FW_?]_\`&GJ3:'=_=_P2W153^S+;_IM_W_?_`!H_
MLRV_Z;?]_P!_\:-0M#N_N_X);HJI_9EM_P!-O^_[_P"-']F6W_3;_O\`O_C1
MJ%H=W]W_``2W153^S+;_`*;?]_W_`,:/[,MO^FW_`'_?_&C4+0[O[O\`@ENB
MJG]F6W_3;_O^_P#C1_9EM_TV_P"_[_XT:A:'=_=_P2W153^S+;_IM_W_`'_Q
MH_LRV_Z;?]_W_P`:-0M#N_N_X);HJI_9EM_TV_[_`+_XT?V9;?\`3;_O^_\`
MC1J%H=W]W_!+=%5/[,MO^FW_`'_?_&C^S+;_`*;?]_W_`,:-0M#N_N_X);K/
MGAGM-TEJJR1L2QB8XP>Y!_I4O]F6W_3;_O\`O_C1_9EM_P!-O^_[_P"-&H6A
MW?W?\$S3K$JG!L2#_P!=/_K4?VU)_P`^1_[^?_6J\VBV+')CD/\`VV?_`!I/
M[#T__GE)_P!_G_QHU"T.[^[_`()2_MJ3_GR/_?S_`.M1_;4G_/D?^_G_`-:K
MO]AZ?_SRD_[_`#_XT?V'I_\`SRD_[_/_`(T:A:'=_=_P2E_;4G_/D?\`OY_]
M:D_MN3_GR/\`W]_^M5[^P]/_`.>4G_?Y_P#&F2:0D2E[-F5QR$D8NC^QST^H
MHN^P<L'LRI_;;_\`/D?^_H_PH_MM_P#GR/\`W]'^%:=K';75K'.L(`D4-@]O
M:I?LEO\`\\E_*F2U9V9C_P!MO_SY'_OZ/\*/[;?_`)\C_P!_1_A6Q]DM_P#G
MDOY4?9+?_GDOY4",?^VW_P"?(_\`?T?X4?VV_P#SY'_OZ/\`"MC[);_\\E_*
MC[);_P#/)?RH`Q_[;?\`Y\C_`-_1_A1_;;_\^1_[^C_"MC[);_\`/)?RH^R6
M_P#SR7\J`,?^VW_Y\C_W]'^%']MO_P`^1_[^C_"MC[);_P#/)?RH^R6__/)?
MRH`QSK<F.+/GWE_^M5.62YOIE:7DK]U%'RK_`(FND^R6_P#SR7\J<D$2'*HH
M_"@"#3K<V]L`W4U;HHH`****`"BBB@`HHHH`****`"BBB@`I"0H))``ZDTM4
M]1^:**(_=DE56'J.N/TH`/MYDYM[=Y5[.2%4_3/6C[5<_P#/G_Y%%.=@B,[<
M*H)/T%9D/B*QFB,F)XP8C,@EC*>8@&25SP:3DEN7&G.:O%7-'[5<_P#/G_Y%
M%'VJY_Y\_P#R**@_M6P&\-=PJR*&=2XRH.,9_,4K:G8(L3->P`3?ZLEQ\WTH
MYEW#V<^S)OM5S_SY_P#D44?:KG_GS_\`(HJI'K>F20/.+R-8TD,;%SCYAVJ=
M;ZT>=(%N8FE==ZH&!++ZCVHYD^H.G46\7]Q)]JN?^?/_`,BBH+M[NX2,+:`;
M)4<YE'8YIS:C9)<&W:[B$RC)C+C(&,]/I4%OK5E<:4VIAV2V7/S..>#CH/6D
MY1VN5&%16DD_^'V+GVJY_P"?/_R**/M5S_SY_P#D455CU>U:%YIA+:(A`)N8
MS'G/3&>M/?5=.C$9>^@42@%,R#Y@3C(_&CFCW%[*I>W*R?[5<_\`/G_Y%%'V
MJY_Y\_\`R**B_M&R\QX_M<6^-@K#=T).`/SXILNJZ?!_K;V!.2OS.!R#@C\#
M3YEW$J<WT?W$_P!JN?\`GS_\BBC[5<_\^?\`Y%%0?VKIQ@,XO8#$K;"X<8#>
ME2)?6DDXMTN8FE*[PBL"2OK]*.9=Q.G-;IC_`+;*G,MI(%[E&#8_#K5F.1)H
MUDC8,K#(([U%6:+HV6K20K_JI`K[?0G.?Y4R3:J&>ZCMRJMN9V^ZB#+&I0<@
M$=ZHP_/<W,I^]YFP'T``X_4F@!_VNX/2S./>10:/M5S_`,^?_D44YW2-=SNJ
M#U8X%'F1_+^\7Y_N_,/F^GK0&HW[5<_\^?\`Y%%'VJY_Y\__`"**DQ2'@9/`
M]30(9]JN?^?/_P`BBC[5<_\`/G_Y%%244`55>Z6^DN/L@P\:(!YHSP6/_LU3
M?:KG_GS_`/(HITDB0H7E=8U'5F.!2/+%&`9)$0'IN8#-+1%-N0GVJY_Y\_\`
MR**/M5S_`,^?_D44\'(!'(/0BE'(R.1[4R2/[5<_\^?_`)%%'VJY_P"?/_R*
M*DQ0>.3QB@"/[5<_\^?_`)%%'VNY_P"?/_R**>K*Z!T8,IY#*<@TM`Q(KQ7D
M$4B-#(>BO_%]".#5FLW45S83,#AHU+H?0CD5)IEZ;J'Y_O"@"S/<QVX!<DEC
MA549+'V%0?:[@\K9MC_:D4&F+\^H7#MR4VHOL,9/ZG]*GZT`1_:KG_GS_P#(
MHH^U7/\`SY_^114F**!$?VJY_P"?/_R**/M5S_SY_P#D45)10!']JN?^?/\`
M\BBH)WNI;BWE%H`(7+$>:.<J1_6K=%&XU)K5$?VJY_Y\_P#R**/M5S_SY_\`
MD45)1@T"(_M5S_SY_P#D44?:KG_GS_\`(HJ2B@"/[5<_\^?_`)%%'VJY_P"?
M/_R**DHH`C^U7/\`SY_^113X[U3(L4T;PNW"[L$-[`BEJ&[C$MK*A_ND@^A'
M(/YT`7J*S=(OVNX5$I^?:#FM*@84444`%%%%`!1110`54-^')^SPO,!_&"%7
M\">OX4NHD_8V4'&]E0X]"P!_0U!=WMKIT2-<2")&8(@"DY/H`/I0VEJQI.3L
ME=DOVJY_Y\__`"**/M5S_P`^?_D45#%J5G.L;13JZR[MK#I\O7/ICWJ83PDJ
M!-&2_P!T;Q\WT]:5TQN$EN@^U7/_`#Y_^111]JN?^?/_`,BBF3WUI;([S7,4
M:QXWY<?+G@9J031%P@E0N1D+N&2/7%%T+EE:]A/M5S_SY_\`D44?:KG_`)\_
M_(HIR21R`E)%8#J58'%5[G4K.U@6>6X3RV<(I0[LL>PQ0VD"C*3LD)9/=VMG
M%`UH&*#!(E%3_:KG_GS_`/(HIDEY;174=K),JSRJ61">6`ZXI8;RVGBBDBG1
MEF&8SNQO^@H36Q4E-^\UN.^U7/\`SY_^111]JN?^?/\`\BBF0WMK<*S0W$3A
M6*G##@CK^5/:>%%+--&JC&27`'/2BZ)<9)V:#[5<_P#/G_Y%%'VJY_Y\_P#R
M**9<WMM:0O+/,JJB[CSDX]<5*KJ_W6!QUP>E.Z#E=KV&_:KG_GS_`/(HH^U7
M/_/G_P"115:YUC3[,2&>X"^4P63"D[21GG`]*D&H6IL3>^;MMP,EV4CVZ$9I
M<R[E>SJ63Y7KY$OVNY[V9_"5:F@NHYRR@,CK]Y'&"*@MKF&\@6>WD#QMD`XQ
MR#@CGWJKJCM`L-S&<.D@7/J#U'\J>Y#33LS7HJ"TN!<P!^_>IZ`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"JE__`,NW_7=?Y&K=5+__`)=O^NZ_R-`"R()(
MVC/1E*G'O6-'X<@:V$$M]-<+%`UO%G;^Z!&#@`<G'K6Q*I>&10,EE(`SCMZ]
MJY>VT;6+6SGBM8TMP3'CYU\UP"=PWKCMW.#653=:7.S#7Y7:?+L:DOARUE@F
MC,D@:65)=XQE64`#ZCC]:2+08;1X7@NW@<+Y;$*G[T;BV,$<'.>E0V^EZK*\
M*W=]<)&MNZDI+@ARQVYQUP#U]J;'I^MR+;RW$Z?:%GR1NRJ*$*@@>I)R?K46
M6_*:\TK.+JJW]+]/Z99_X1]%8-%>31NLTDL;;%.S?]X8(Y'UJ?3]%MM,F\R`
ML3Y*PC=@X"DG.??-936&N&P5$:=90ZF;==[C+P<E3QM&<'&16[81W$5A!'=2
M&2=4`=CC)/X54$F_A,ZTIJ%O:)WZ+^OZ^\IG086O#,9Y?+,_VCR<#'F8QG.,
MX]JD&CV_]C+I3,[1*H4.#A@0<@_7-:%%7R1['.Z]1VUV_0RWT:29$,^IW$LT
M4@DBD*I\A`(^[C!X)ZU#_P`(O9^2\?G2_O(3$S$#/+[RWL<UM44>SB^A2Q-5
M;.WW&+)X:ADDN7^US(9V#X4*`K!@P..A.11_PC-N4D62YED:5)E9F"Y_>$$G
MI[5M44O9P[#^M5OYC&N/#-K.S2":1'+JX(`PN$"8QWR!5JPTBWTZ9Y(<Y>-(
M\$#@*,#'US5^BFH13ND3+$591Y7+0*Q-0_Y#!_ZYI_,UMUB:A_R&#_US3^9J
MS`Z"+_5+]*IV_P#K+G_KNW\A5R'_`%2_2J=O_K+G_KNW\A0,IZY937L%L(8(
M[CR;A9&BD8`.HSD<_6LY-%U&-`T/E09EED$,;_+"&C*J`?KSQZU=\27]Q8:<
MK6I*RR2!=PQ@#J>3P,XP#ZU`-5N9O"$M]&SBZCC(W&/!W#@G;VKGER.3ON>C
M1=948N-K-V^_^O4ADT?6$>S$5Y*R)&GF$SG<LF<L>?O`]*2ZT?4[FTOH)=TD
MLH;9*;HA7^8%1L_AP.*BL?$%U$7-S)Y\'GQ(92`0BL#D[E`!.0.,<9J>W\27
M,]Q9(T$:)<@YP&+`[F`X[#`!SS^%0O9OJS>2Q47>RTZ_C_2_X<D_L_5_MZ2+
M(R('0JQN21'&`-R%?XB>>?>K5E87UOHDL+73_;I58^:\A<*QSMQZ#&*S;;7]
M2^SP,;='58X&E,F[>WF,5.,<<4Y?$M\_VO\`T.)#"K%5=BI4AMH#?4<]OZU2
ME!:ZD3I8B2Y;+2WX?\/_`$QK:%J-U"L=P66$3POY3W)D/RD[VW>_8>U6M>TJ
MZOKVTGMXED2&-U92R@\XQ]X$=JCMO$5Q/>6,1BC$=ROS$(V[.2.F>!QUY%+J
MFIW5KKL42W#>0=@\F)1O))Y)!'S#Z'BC]WR@OK/M5=*Z3?6W9B_V5J37GGB9
MXT\Z/$2SD*L6S#C`XZU331-;AL+2WAE:(0JRL$N#PV>'!],=OTJ7_A)K\K>,
M+"/,"DJA)#*0X4!OJ#FKK:IJ,6HII\EK&TL@#B1-VS9@[S]00`/J*5J;[COB
M8:-1_P"&7KYE6]T_5$2619;B:2:^3:J3E0(>_3[O?-/M=*U3SH6N;B00QK*1
M$+@M@DC8K'^+`S3++7KMA:QRK&A>%'/G!M\Y;.0N!C(QW]:M:%K-SJKRB>W2
M((H8;3RI)/RD'N,4X\C:U%4^L0@[I:=?P*<&E:Y$\`6<)LM1&6,V51]I&0H]
M_7-7]!L]0M(91?RLQ8C:K2;\8')!]S6M16L::B[G'4Q4ZD7%I:^17O\`_D'7
M/_7)OY54T+[S?2K=_P#\@ZY_ZY-_*JFA?>;Z5H<Q=C_X_+O_`'U_]!%4-?AF
MFM[81PSS(MPK3)`V&*8.>X]JOQ_\?EW_`+Z_^@BJ6O:H^EV220J&FDD"(I7=
M[D@9&<`'O43MRNYMA^;VL>5:F8EOJ\:1O%#,$669H4E8.\2^6=H)S_>Z#FGN
M?$<4MH@DDD5HT:1_+4C>3\P8#H`.E6QK;2>%WU:+RWD2(L<9V%AP<>U,?Q$R
MW+0K9$@2-$LGF#!<)OQCKBL;175G=>M)O]VG:Z^[U]?F5KD:W<65_&3>+<8;
MRUC5!'@,-NQNN2O]:E,NN?;D""X,>Z/9O1-ACP-Y<]0V<]/:F1^*R(+0RV1:
M6>%97$3Y`!../4^W:I_^$AD;_5Z<S;[IK:/,H&]@#D^PXH3@_M,;C66CIQZ]
MO\_(FLAJRZ'+),YDU!E8HDB@!#SM''X5ES6VLZA;B&4W7D^?"29519,<[^!_
M".*M)XKA<VI6V)6XV;L/S&6)`!&,=1ZTR+Q)-Y$$]S"J*S3AUB.\D1@G\#Q0
MW!I*XHPKP;E[-7OY:==/N+.MVVHF6&33BY,B&WE`;`16_P"6GU'/YUFMIVLR
M6<Z2M,7MS';P$-S(HD!,GUQC\C5X>)LD1_829F>-419E92'SM^;L>.13#XLB
M$<#FU/S\2J),M'\Y3TP1D>HHE[-N]QTUB8145!.WI?OW^0R5_$$:%";ET624
M+)%&AD?!'EY!XVGGD4R9?$$33S1QN'E:'S#'@X`3YM@.?XJOQ:I<R:->786$
MS0RRI&&;:IVM@9)JG'XH:*V'GQ^?<F4Q[%0Q[<+NYY;GTQ0^7K)A#VKNHTXN
MVC_,<DVOK=6_F1RRIY'[Q414&[!ZDYYZ#''-00#7KAHOM$<Q6.YBD4N`I`VM
MN!QC(!Q5[_A(F83NFGRF*WBCDE8N`0&`/3V&3^%12>)D0K<")C:F.9UQ@F4(
M5`8>@))H]W^9@E6V5)7_`*?WV)M"?67DE_M0,!M'#(!A\G.TCJ,5K2_ZF3_=
M/\JQ;KQ*;18UDLMTKAFV1S!QM7'<#KSTK89Q):EP"`T><$<CBM:;5K)W./$1
MG?GE%)/MMH9>@??7_<'\JZ&N>T#[Z_[@_E70UH<P4444`%%%%`!1110!4U'_
M`(]5_P"NL?\`Z$*JZE82WWV=H)UAEMYA*I9-P/!&",CUJUJ/_'JO_76/_P!"
M%9GB&WGN;.-8%G;;(&81#.1@\,,@D?0U,_A-:'\1:V*\OAGS48O>$S2><97\
MO`9I%V\#/`&*)?"T375O)'*(XXDC0Q[./E.<K@C!)ZU7+>((X8%B@EA80KY<
M:%77?GD2%CG&,4I_MNS,YA@F=9)+@@+@X8X\MN3TZUA[G\K/13K]*JZ]OZ]"
M9O#!:TN+7SX"LI)20VX,F=^[YFS\WI3_`/A',WPN#<1A?-68[8<.&`QM5L\)
M[55-MJ[2W'F+<2&22V=0V-@`V[\>A'-.>3Q'F?8LWF;)<@JGE@_\L_+/4GZT
M>[_*Q7K=*J_#JE_7J:$&AQ0:`^E+)L\Q"KRQK@DGO5:/PRNX/-+"6\^.4I'`
M%CP@(P%SU.>35S2EU!)+F.^D>50RF)W`!(*@L./0YK1K10C)+0Y)5ZU.32E>
M^OWF9J6APZG>)/+(5V0E$VC#(Q((8'L1BJ"^$PIM,WA<01HC!DZ[6W97!X/-
M=%13=.#=VB88NM"*C&6A@2>%TDMW@^T*@-RTP>./#;&SN0\\Y!QFFQ^%5AB3
M9<K)(DA8>?%O0KMVJI7/\(Z&NAHI>RAV*^N5[6YOR,`>%85@FC\_<SVBVR2.
MF63&<D?7/3VJWINF7&E,L$,JR6I=W=G7]X<@8&>YSGGTK4HIJG%.Z)EBJLTX
MR=TS+N-&\^'4X_/V_P!H$<[?N84#\>E3:II[:CIQLQ-Y>2N21D,`>A]C5ZBJ
MY%J1[:I=.^VWX+]$9VC:9)I-HUN]T;@%MRDKC:,=.M+K7_'BO_75:T*S]:_X
M\5_ZZK3BDE9$3G*<G*6[)]&_X]3]:T:SM&_X]3]:T:9(4444`%%%%`!1110`
M4444`%%%%`!1110`54O_`/EV_P"NZ_R-6ZJ7_P#R[?\`7=?Y&@!U`(8`J00>
MA!I'19$9'&588(]J;!#%;PK'"`$'3!S0&EA)+B"($R3QH`<'<X&#Z4OG1&18
MQ*A=AN5=PR1ZX]*SKW1["YNWNKB8J3M!7>%4%2#GV)``^@I9=)MF=HH;GR1,
MJ?N5"G(3&,9YVX&".AH$:F#Z48/I6,/#,"J-MU=`@@EMV2<?YQ^-'_",P/\`
M-+=7,KCHY."."./SS]0*`-AV6-"[L%51DLQP`*$99$#QL'5N0RG(-9,?AVU@
MM[A)+B9EFB:-WD?[JGJ<GO[TV3P[8R'?#<2PI(V1Y3_3[I['Y<Y]V]:`-A6#
M9VD-@X.#T/I3))HH@#)*B`G:-S`9/I60/#$2@QK?3IN.]D4*`QY[>G/([U.=
M!L@F)OFC$S3E2`JDE<'..U`&FI#J'0AE(R".0:,C=MS\V,X[XK%C\+VZ.3]L
MN6VA0%W`;,#`/'>E7PY9-A%NIB,'"B0'D+M)^N>?K0!M45GZ5I<FF_:-\QE$
MK@KGJ`/4]R>YK0P1VH`*Q-0_Y#!_ZYI_,UMUB:A_R&#_`-<T_F:`.@A_U2_2
MJ=O_`*RY_P"N[?R%7(?]4OTJG;_ZRY_Z[M_(4#)BRKC<0,\#)ZT$A068@`<D
MFHKBV@N-GG*&V-E<G'-2MM*D/@J1SGIB@':PS[3!Y@B\^/>1D)O&3WZ4L<T<
ML?F1R(Z?WE8$?G699Z'IUG<1L)3+,BD)YC@MWP<=\`X'L!4*>&;*:S6(74DJ
M)&(E92",`'CT_BY^@H$;F#Z4F1NVY&[&<=\5BMX7C\LJEU,7+AMTGS<;E8\>
MX7'XT[_A&K<!56[NE9>2V_YC[_TS0!K-+&CI&\B*[_<4L`6^E.)`(!(&3@9[
MUC2^'+-DM(9+J56@#*GSX9\D$]?IVI6\-QMN,M]<MN!W'(&>OY=30!LX/I3&
MECC=4>1%9L[5+`$^M9(\-0*YD2ZN!DJ5RV=H!S@=L4Z;P[!/9Q6KW$FV)&CW
M`#<RMV)].G'L*`-<\=>*,'TK%E\,6\L@9KJ<`$D*,8R7WY_/\J@?PLR[%M[Z
M10BGYG)+;L$`CT^]GW(%`'0T5'!"MO!'"I)$:A06.2<=S4E`%>__`.0=<_\`
M7)OY54T+[S?2K=__`,@ZY_ZY-_*JFA?>;Z4#+L?_`!^7?^^O_H(HN([:5!'<
MI$ZL>%D`()_&B/\`X_+O_?7_`-!%+-;PSE#+&'*'*Y[&DQQ=G<##;QP.ABB2
M$@EUV@+[Y'2H3+IPFV&2V$@._&5SG'7\OTJT0&!5@"",$'O6=9^'[&S=76-Y
M65-H,IW=VY^N&(SZ460<S[DJII3-%$J6996/EH`N0W4X'KWJ?R[82+'LB#@F
M0+@9!Z%OKSU]ZRX_"6G1K@><3QRS9(.",].OS?H*1O"MBQ^::X)STWCI[@#G
MIUZFBR!RD]V:36M@A1WM[=2A"JQ1>#G@#\?UI?+L8)4&RWCDE8E!@`LQ'./4
MXK-;PO:/(&:YNL#.$#@!<MNXXSUI_P#PCEKLLU6>=?L;%D*L,G)!.>.^,<=J
M+(.>7<O1P6,4?[J*W1`^?E50`X.,_7/%*UC9L5+6L!*]"4''.?YU1E\-V,TK
MRL9-[R>83D'G=N].F:8GA;3TCV%IGXQEFR>_^/Z"BR#GEO<U&2V5#$RQ!9"<
MH0,,2>>._)IGV&R\CR/LMOY.=VSRQMSZXK-_X1:S,CR-<7+.Y)+%QGDJ>#CC
M[HI?^$8L]K8FG#L,%E*CCG(`Q@#GI19`I274T#-80DAI+>,R'802!N(XQ^'2
MI1;P`*!#'A%**-HPJ]Q]/:LX>'[46Z6XFGV*KJV6!+JV-P)Q_LCD5%_PBMAY
M1C\VY`.[)$G)STSZX_J<T6%S/N:"V6GO%Y26MLT<;_<$:D*WT]:GE_U+_P"Z
M?Y57L--@TZ,I`7P3D[F)].WX58E_U,G^Z?Y462&Y-[LR=`^^O^X/Y5T-<]H'
MWU_W!_*NAIB"BBB@`HHHH`****`*FH_\>J_]=8__`$(4RY>>.$M;Q"63/"DX
MI^H_\>J_]=8__0A3+F2:*$M!#YSY^[G%)[#C\2)5R5!88..1Z5CC4=7DO%@C
MT]`JRM'([Y`.#RP/H01CKSD5L*25!88)'(]*QUU;4I+Q;>/31@2M'(S$@<'D
M@^F""#ZY%,D2?6-14.D6F,7$FQ7.=N-Y&<8_NC/UI#X@N,E1I%QO"J><XRP)
MQT[<9QZ^U%QKUW&LB1:9*\BR%%;G:?G(SCK]T9IP\1.\;/'IERX4#H1@Y!/'
MKT.??B@`&O3K"KR:5<;F&56,%MV!SVX_&@Z[,C2!].E?!'EF+<P?A3W48^\?
M^^339/$KK((ETV?S/X]QP%^;;UQSUR*='XC:0+_Q+;DG&6Q_#USD>O'3T(H`
M4ZQ=O:W+KI[020%<"3YMV3S@#KQT]?:A-<N',G_$HN0D>XDGAB%QT7U.<@4D
M^N7-E>2PSV,DR*S"-H%/*@`\YZGGMZ&C^WIU9PVG2R#<?+:)\JP"@GG'OQZT
M`-;7KE$D+:5/N0C"="03CTQ@=S[]*>^KWBZC<VRZ?(ZQP>9$0I^=@N2I/3O@
M>O/I4;>)6$@VZ?/Y?(8MQ@YP,^G?/X>M.A\31S7*VXLKA79U0*<9!8M@,.WW
M2?ICUH`1=>G!*_V?/.5SETC*!A@DE0<YQCN0<D<4HUZZ9G`T:Y^7GYFQGY2?
M3\*4Z]<)>O;M9-)B0J&C;C[R@<]SALGIC!J(>*"SX73+DH3A6SC)R?4=.!^)
MQ0!(VO7(F:%=(N&=0<]0N1G/..>G![U+!K,L]U##_9TR"4L"S<>7CUR.O?`[
M4VT\11W=VELMI,K,Q7.0=N%#'/H0#T]>*ET759-4@E:6W:!XWV[2#@CMU]NO
M^/%`&E6?K7_'BO\`UU6M"L_6O^/%?^NJT`3Z-_QZGZUHUG:-_P`>I^M:-`PH
MHHH`****`"BBB@`HHHH`****`"BBB@`JI?\`_+M_UW7^1JW52_\`^7;_`*[K
M_(T`*Z+(C(PRK#!IL$$=M"L,0(1>F3FI**+!=VL9=YH%O?7C7,LD@#;<HO`R
M"#N^I``^@I9=$0F003&%'5%V[,X"8``.<[<#!'U]:+O2'N;IKE=0N("<;0C$
M!<8[9QV/_?1JM_PCCF$1/JEP[<?>8D'!STSZX/X4"'CPZ`!C4;K=D$L6R3C\
M?K^='_".[SNEU&Y>0=&!VXX/09]P?P%;-%`&1%X>C2"XBDO;B;SXFB)=B<`]
M3UZU"/"Z(3Y>H7"@'*`\A.O;IW^O7UK=HH`PD\,+&I"ZC<%C]YCSNX`YYY^Z
M#]:=)X:22/RS?W)4@A]QW;\YSG\Q_P!\BMOK10!C)H#1ZA'<)?3>4AW>62<Y
MW`@`YZ8&.<\&H6\*1;I7BO[B)Y-_(`^7<VYL>F6YK?I,CUH`Q9/#K,!Y>J72
M?-N.&Y9N><]NN*=IVA2VLPGGOYG?!'EQN0BY)/'-;-%`!6)J'_(8/_7-/YFM
MNL34/^0P?^N:?S-`'00_ZI?I5.W_`-9<_P#7=OY"KD/^J7Z53M_]9<_]=V_D
M*!BW%K#<[/-!.QMRX..:E8*RE7`*D8(/0BHKBUCNMGF;OW;;AM;'-2LJNI5P
M"K#!![BEU&WHE<R;/P_9VEQ'*97FFC7"EVY[X/'7"D#Z"H5\,0M9K;B]E9%C
M$8*],#/49YZC/^Z*FL_#L%K<QW$D\D\L:X#-QZ@$_1<#\*@MO#,UI;^1%JDR
MH1\P"XR=N."#QZ_A3)''PVWE$)J$[N7!S(21C<I(P#UPN/QI_P#PC@`7;J-V
M''63=EC36\/SLC8U:Y5VZE>!W)&,]\CWXJ>WT>:"X61K^61%W9C?+9!4#!)/
MMG_]=`##H*R6D$27TH:%743H<N0W49SQ_P#6[4B^'D$7E_;[G)/S'>?F7&-O
M)Z9P?TIL7AZ2)H\ZE.(T``B0E5`#9VC!Z$<<\T[^PIO-#C5;AB`00W/'.WOU
M`(QZD9/6@!]OH7V>Y@E-]._D%CM)(WY_O<\GM]*U:K6%HUE9I`\[SLN<NY))
M_.K-`!1110`4444`5[__`)!US_UR;^55-"^\WTJW?_\`(.N?^N3?RJIH7WF^
ME`R['_Q^7?\`OK_Z"*E)`ZD#-11_\?EW_OK_`.@BB>UAN3&95),;;EP<<T,%
M:^H^10\3JS%0RD%@<$>^:PAX<MQ,5?4GV[,;`P5AUSCT!!&?7K6\Z+(C(X#*
MP((/<&LJR\.V4#B9I'NF";-SGK]X9..IPVWZ"@1$?#5F9`$O9UX8"-9>,D<D
M#/4"KUAI4&G7$SPNQ:91E6QD`$D8]OFQ^59T7A*UB.?M<[./F#'`*MM(+<=S
MD'_@(I[>&-S[FU.ZW>H.,CCKSGG'YT`;9^498X'3F@LJD*S`$\`$X)K$?PV9
M)`6U2YV`DJH`X^;=U[X.,9IY\.Y%CC4)]UDQ96(R6R03U/'`Q^/&*`-@<C(Y
M'3(I<'T-8\OAR*61W^US#?)YFW^$?-NQC/3--3PT@CVOJ-W(<8W%SGOSUZ\@
M_A0!LGCKQ]:7!]#6&?#6Z5I7U.Y9V)(;`!7)4\>GW1^9IW_".'8V-2N%9AMR
M.@'.0!GW_2@#8WIS\Z\=>13NY'<=1Z5C-X;B>WBB:\GW1EBT@QN?.#S]&"M]
M12#PZ1N(U*X!92O`X7.>5YX(SQUH`VJ9+_J9/]T_RJ.SMOLEI';B1I/+&-S'
M)-22_P"ID_W3_*@#)T#[Z_[@_E70USV@??7_`'!_*NAH&%%%%`!1110`4444
M`5-1_P"/5?\`KK'_`.A"GTS4?^/5?^NL?_H0IES,T$)D2%IB#C:O6AZ`E=V1
M-6(?$J1LZS6[Y!("(#E0"WWB>,_+P/<5M*<J"01D=#VK'&O327BVT6G2.PD,
M<GS?=93SVZ`$'/O0(/\`A)8C+Y:V-X3@]4`Y!P1R?7(I)?%$$./,L[H,2<*%
M!)`'7^E.E\1Q6\LT4T+>9&Y"JAW9`(`.??(X&2.?2F-XIM@B;8)68KEP,?NS
M@\>I^Z?TH`>_B6*,$&SN=RN$*<9SS[]..O3M6QDGN:R[?Q!:W,Z0I%/ER!N*
MC:,XQDY]QQV[UJ4`&3ZT9/K110`9/J:8(H@Y<1(&)R6"C.?K3Z*`#)]:,GU-
M%%`#$ABC.4B13SRJ@=>M/R3U-%%`!6?K7_'BO_75:T*S]:_X\5_ZZK0!/HW_
M`!ZGZUHUG:-_QZGZUHT#"BBB@`HHHH`****`"BBB@`HHHH`****`"JE__P`N
MW_7=?Y&K=5+_`/Y=O^NZ_P`C0`KH)(V0D@,,9!P:9;P+;0+"K,P7NQR:>Z[X
MV3)7<,9!P13+>$6\"Q!V<+_$YR32ZCO[MKF=?:"+^[>9KF18WVGRE'\0(RWX
MJH'YTLFC2*[FVG"`JBJS@ET"X&T-G."!SWY--O\`1'OKMY/MCQPMM;RQV8$9
M/XJ`,>Y-.DTFX65FM[D#Y$5'D+%T"X!4'T8=3UY-,DC&C7X48UF<MD;BV<<>
MV?K1_8U^_P`TNLS;QT\O(4<'MGGD@_A0-*U4*/\`B<N6R-Q(XX]OS_2C^R]6
M?YI-9=6'01@A>A[=^<'\*`%31+EK:Y@N=3FG$\31?,3@;NK8]<5`OAZ^BR(M
M:E3>Q:1MOS,=NT=_0#\JLP:5?"*=+S4I+D2Q,@7)4`GOQTX_*F0:1J:$"76'
M\L8`6)=H`"XP!]<'WH`C;P]>8DC76)U@<R$(,@KOSWSSC/ZFG/HNH1Q.T.I2
MER<B/<54C.2N<_KUI?[*U;:Y&K_O)%Y8*5PV!R!Z<$8/3/K4DNEWIE@FAO0L
MT<0C=WRQ?!S^&>Y'-`#8M(O!?65Y+?[G@@6*5=N?,X.>?<]_:H?^$>O,)&FI
MF*!&W"-$Z?,".2>>0.3S2II6N$_O-9*X<9V_QK@?]\\Y^O>I7TG46"C^UY"`
M,\CG?SDY[#I@=N:`)].TZ[LY0T^H27*^7M(?)RV<Y'I6C6(ND:J.NL$`D%BB
MD?4#Z^O48K6MHY(;:..:4S2*N&D/5O>@"6L34/\`D,'_`*YI_,UMUB:A_P`A
M@_\`7-/YF@#H(?\`5+]*IV_^LN?^N[?R%7(?]4OTJG;_`.LN?^N[?R%`PN+5
M+GR]SNOEMN&QL9J9U5T9&&58$$>HI::X)1@IVD@@'T-%@;;5C)LO#ZVUU'=3
M7<D\L:X#'C)Y`)^BX'X9JM#X9NK51]GU>52%5-Q4DA0<@#GU)_/%3_V1JH"A
M-;F^\"^[DD>Q[<\U8LM.O+:\6:?49+E1&5*L3U.WGTZ@_3-`BJ-!O4=FCUF<
M!RC..Y(4`G/OU_`4)H-Y%'B/5IU(7"D$]>.3D\\`]?6MRB@#"_L74)X+-IK\
M1SVTSR=W&">!DGG`XY]?:EN=#NFN#-;7BQL968GYE9U9@2K,#R!C`QBMRB@#
M$71-16-@VMSR.<X9LXY]0#VY_2FIH-]&"5U>7<?O,0<DXZ]?7D#IQ6[10!D2
MZ)//I[V<NISL'96:3JW`[9Z98`U6DT/4T(%MJ;#S'+2,,KMR<D@`\GJ,'UKH
M**`*UE:R6L922ZDG&3MWG.!GUZU9HHH`KW__`"#KG_KDW\JJ:%]YOI5N_P#^
M0=<_]<F_E530OO-]*!EV/_C\N_\`?7_T$5-4,?\`Q^7?^^O_`*"*2XM4N6C+
MLZ^6VX;6QGZT,%:^I*ZAT93T8$<UCP^'I8WCSJ4_EH`!$A*J%#9QP>F.,GFM
MAT62-HW&5<%2/8UD6GAU(9Q-<W4EQ($VD_=R?F&3_P`!(&/;-`A?["N`X?\`
MM6X8X*G=^.#P>H!'MD9(YJ_86K65FD#S/,RYR[DDGGWK(A\+S1,'.J3-*IW*
MX!!#;2">O?*G'^S[T]M"U!I/,_MF4/TR`<D9!/.>,XSQQ0!NT5ARZ'J,KC=K
M+B,'(&PDYW;@22><8%.?1+Q_L#'4V:2T8LS.N[?DC/Z<>U`&U16-+H=P[R%=
M3F16E\P("0H^?=C@TB:)?>7MDUJY9L8W`D>O/7Z?E[T`;5%8;:%J$DK2R:S(
M6).W"G"<J>!G'\/ZT[^QM1V-C690Y&`/F*J.?4Y[CGKQ0!M45AR^'99K6-&U
M*03)YG[X+]XOC.1GG@'\_:I[+2;NVN5GFU.:<A64[N^2#TZ#H?SXQ0!JTR7_
M`%,G^Z?Y4^F2_P"ID_W3_*@#)T#[Z_[@_E70USV@??7_`'!_*NAH&%%%%`!1
M110`4444`5-1_P"/5?\`KK'_`.A"GTM["T]JR1XWC#+GU!R/Y5%#.DZY4X8<
M,A^\I]"*`)**,'THP?2@0FU?[HZYZ=_6C:O]T>O2EP?2C!]*`$``Z`#Z"EHP
M?2C!]*`"BC!]*,'TH`**,'THP?2@`HHP?2C!]*`"BC!]*,'TH`*S]:_X\5_Z
MZK6A6/JUW'/LMHF#[7W.PY`QT'UH`OZ-_P`>I^M:-9^C@BUY]:T*!A1110`4
M444`%%%%`!1110`4444`%%%%`!52_P#^7;_KNO\`(U;JI?\`_+M_UW'\C0`^
MBBB@04444`%%%%`!1110`4444`%%%%`!1110`5B:A_R&#_US3^9K;K$U#_D,
M'_KFG\S0!T$/^J7Z53M_]9<_]=V_D*N0_P"J7Z53M_\`67/_`%W;^0H&3T44
M4""BBB@`HHHH`****`"BBB@`HHHH`****`*]_P#\@ZY_ZY-_*JFA?>;Z5;O_
M`/D'7/\`UR;^55-"^\WTH&78_P#C\N_]]?\`T$5-4,?_`!^7?^^O_H(J:@0U
MU+(RABI((R.H]ZQQI>M;1NULLV>NS`'0]!U[C![$>E;5%`&,NC78MKR&6_,X
MN-K)O)&Q@!DY[Y(S^G2EBTO55+E]9=CAM@5<*#_#\OH/3/-;%%`&*VDZJ%D5
M-78%\$-@@@Y^;VY]>U;"`K&JLQ8@`%CW]Z=10`4444`%%%%`!1110`4R7_4R
M?[I_E3Z9+_J9/]T_RH`R=`^^O^X/Y5T-<]H'WU_W!_*NAH&%%%%`!1110`44
M44`%4=0L+>Z7?)M5QT<\?K4]W,;>V:10"W`4'N2<#]357R+>,JURRRRL<;Y>
M<GV!Z?04`9ITE<\7$>/^NO\`]>D_LD?\]X_^_O\`]>M<P6ZJ6:&(`#))0<57
M^U:5MW>;:[=A?.%QM'?Z<4`4/[)'_/>/_O[_`/7H_LD?\]X_^_O_`->M%YM-
MC5F=[50K;&)V\-C.#[XY^E3>3;?\\H?^^10!D?V2/^>\?_?W_P"O1_9(_P">
M\?\`W]_^O6F38B<6Y^SB8C(CPN[\JD\FW_YY0_\`?(H`R/[)'_/>/_O[_P#7
MH_LD?\]X_P#O[_\`7K0,^F`H"]J#)]S[OS<XX_'BI=EH=OR0_,,K\HY'K0!E
M?V2/^>\?_?W_`.O1_9(_Y[Q_]_?_`*]:RQVK*&6.$@XP=H[]*=]G@_YX1_\`
M?`H`Q_[)'_/>/_O[_P#7H_LD?\]X_P#O[_\`7K8^SP?\\(_^^!1]G@_YX1_]
M\"@#'_LD?\]X_P#O[_\`7H_LD?\`/>/_`+^__7K8^SP?\\(_^^!1]G@_YX1_
M]\"@#)71&D'RNCCV?-3PZ&P(WL`H["KCVENW(B5&'1T&UA]"*+.^+R/:SD>=
M$VTMTW=P?RH`N11+#&$08`I]%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M5>\A::#]WCS$8.F>F1V_I5BB@"@E[`QVM((I!]Z.0[6%/^T0?\]XO^^Q4-\=
M/NCLD<,Z_P!U2^/RK-.GV>>'/_?AO\*`-C[1!_SWB_[[%'VB#_GO%_WV*Q_[
M/L_[Y_[\-_A1_9]G_?/_`'X;_"@1L?:(/^>\7_?8H^T0?\]XO^^Q6/\`V?9_
MWS_WX;_"C^S[/^^?^_#?X4`;'VB#_GO%_P!]BC[1!_SWB_[[%8_]GV?]\_\`
M?AO\*/[/L_[Y_P"_#?X4`;'VB#_GO%_WV*/M$'_/>+_OL5C_`-GV?]\_]^&_
MPH_L^S_OG_OPW^%`&Q]H@_Y[Q?\`?8H^T0?\]XO^^Q6/_9]G_?/_`'X;_"C^
MS[/^^?\`OPW^%`&Q]H@_Y[Q?]]BC[1!_SWB_[[%8_P#9]G_?/_?AO\*/[/L_
M[Y_[\-_A0!J2W]I"NY[B/Z*V2?P%8K2M=WYGVE=Y`53U"CIFK$>GVI<(MPJ,
M>@9"N?S%:EKI<5NVX_,U`RW&,1J/:J4I^QW$DC@^1*0V\#[C8P<^QP.:T*9*
M\<<9:5U5.Y8X%`%47-N1D7$1'^^*7[1!_P`]XO\`OL5F3V>G3.7C8C/I"Q'\
MJB_L^S_OG_OPW^%`C8^T0?\`/>+_`+[%'VB#_GO%_P!]BL?^S[/^^?\`OPW^
M%']GV?\`?/\`WX;_``H`V/M$'_/>+_OL4?:(/^>\7_?8K'_L^S_OG_OPW^%'
M]GV?]\_]^&_PH`V/M$'_`#WB_P"^Q1]H@_Y[Q?\`?8K'_L^S_OG_`+\-_A1_
M9]G_`'S_`-^&_P`*`-C[1!_SWB_[[%'VB#_GO%_WV*Q_[/L_[Y_[\-_A1_9]
MG_?/_?AO\*`-C[1!_P`]XO\`OL4?:(/^>\7_`'V*Q_[/L_[Y_P"_#?X4?V?9
M_P!\_P#?AO\`"@#8^T0?\]XO^^Q2?:(/^>\7_?8K(_L^S_OG_OPW^%']GVG]
M\_\`?AO\*`)]2U&&2W>VMW$C2#:S+RJCOSZU)H:'<[8XIEMI=O.?DN%<+U`X
M(_"M>"!+>/8@P*!E:X!M;EK@@F&4#>0,["._TQ_*E6ZMV&5N(B/]\5;=T1"S
ML%4=23@"L2YM=.N'+HW)[B(D?GB@#1^T0?\`/>+_`+[%'VB#_GO%_P!]BL?^
MS[/^^?\`OPW^%']GV?\`?/\`WX;_``H$;'VB#_GO%_WV*/M$'_/>+_OL5C_V
M?9_WS_WX;_"C^S[/^^?^_#?X4`;'VB#_`)[Q?]]BC[1!_P`]XO\`OL5C_P!G
MV?\`?/\`WX;_``H_L^S_`+Y_[\-_A0!L?:(/^>\7_?8H^T0?\]XO^^Q6/_9]
MG_?/_?AO\*/[/L_[Y_[\-_A0!L?:(/\`GO%_WV*/M$'_`#WB_P"^Q6/_`&?9
M_P!\_P#?AO\`"C^S[/\`OG_OPW^%`&Q]H@_Y[Q?]]BC[1!_SWB_[[%8_]GV?
M]\_]^&_PH_L^S_OG_OPW^%`&Q]H@_P">\7_?8JC?ZG"('AMY!+*X*Y7D+GN3
M57^S[3^^?^_#?X5/;:9;SG$=RK;>J@8(_"@8FAQXEX'RJ,5O5#;VT=LFU!^-
M34`%%%%`!1110`4444`5-1_X]5_ZZQ_^A"F3Q6\C1F=4)5LIN]?:GZC_`,>J
M_P#76/\`]"%,GMX)FC,RJ2C93)QS2>PXNS'RHLD+HYPC*0QSC`(YK#_LG2/(
M6/\`M`^4R991*H$BJ",GCI@GVXK<E1989(W.%=2I/H"*Q/[#T\P"'^TCY3Q@
M.H=<2*H*_E@G/;BF2.;0='6S>U-P5C$OF.3*,[@F.2?]DC]*7_A&]-G5UBGE
MQRC;'!Y[Y./T_K0/#>F"V-JTSLK3"1MT@)9MN,'ZKCCT`H_X1:R,2J+BX/RK
MAM^=V,9/OG&3]:`$3PMIKD2)-,^.-VY2>ISSC.<D\]1^%)_PCFEQL(GN)?.E
M.5+2C<3SG`QR/FY'>I!X7MED9UGN`2P8?-G:<YX_SZT2>&[2ZBME-Q,PMT9$
M92,D$^OMTH`F_L"T\J.'?+Y:)L*@@!QNWC/'KZ8J!/#VF,6CCGE+QD9Q*"4Y
M!_#E<_4FF-X?L9F"IJ,R!GRJ1R*"<$GZD@DC/IQVI4\)VT;LZ7,Z.PY*JH]1
MZ=.3D=Z`'-X8TY$+2/-L13R[CY01@DG'/MGIVK5%S;^88A<1^8`,KO&?;C\1
M^=8__"+V4D)@6[G8JNQR6#$C;M^8?@<>AJS<:#;3.TDTLHCWB3;P`I"A2<XS
MC"_J:`-(NBYW,!MZY/2G8K#_`.$?LBXC&H3&11\V907.>.?S'Y"IK?0+6UF6
M;[1*SQ,&!9@`.G\\<GODT`:U%&#Z&B@`K$E8KKDI']Y?_016W6'/_P`AN7_>
M7_T$4`=&O*CZ4M(OW1]*6@84444`%%%%`!1110`4444`%%%%`!1110`54OV+
M>3;@E1,V'(.#M`)(_'I5NJ=Y_P`?=I_O-_Z#0`]%6-`B*%4=`!@"F2SQ0!3+
M(J;C@9/4U)3)(HY<>8BOM.1N&<&A^0*U]1Y.!DGI5-=7L'02+=*5*&3<%;`7
MU/'`X-6R,@@]ZRQX<TX1+$%E"*`NT28#`9QG'7&3^=`BRVKZ>L;R&\C*(5#$
M$G!8;EZ>HYJ8WEL%W&YBQ_OCZU37P_IBV[VXMOW3L&92Q()&<?\`H1_3TJN_
MA73BR^7OC7=N<`Y+C(."?3(S0!JBZMR0!<19)P!O&<^GUIK7]JBR,URFV(`N
MV<A020.?J#5)?#FF*V1"Y.,#+GY1G=Q^/-26VAV%I;3V\2/LN!B3<Y);DGK^
M)H`M2WEO!*(I9@CE"X!!^Z!DG\*;#J-I<9\JY1L#)!."._?V-#6-L[2,8^9(
MVC.#V;[V/0GU]A54^'].9@\D3R.""7>0DG&,9_``8]*`+@O;8@'[3'@C.2P'
M''Y=1^=2)*DA8)(KE3A@K`X^M9G_``C>F9R(Y`1T(D/'`'\@*M66FVFG[OLL
M6S<`#SG@$G^;&@"WFC-%%`#719$*2*&4]0>0:JV5Z8KF2QE8MY;81CU(QD9_
M.KE8<QQK<V/[Z_\`H(H&=)6>`+B\EED&X1-LC!Z+P,GZ\_I5]?NCZ51M_P#6
M7/\`UW;^0H`6XEN(]GD0B7+8;+8VCUJ21BL;,HR0"0/6HKB6:+R_)@,NYL-@
MXVCUJ61BD;,!DJ"0/6EU&]D8`\07_P!F5VLAYK1!EC5&.YR#QG/`!`![\U*N
MN:@]N93I_D_OTC`D#<*5.YC]&!'TQZU$/$UP;99#:KO:(,L8W$NQ!.!CH`0`
M3[]!3G\27:V,MTNFNI2145'R"P*DD_\`?0(_(]Z9(^7Q%<1$$Z1<;2"?O<]5
MQV]SGTQ2OXCD20Q_V7<%]I8(&!8C+#.,>J_J*<_B6,8"6EP6Y!ROW6YX(Z]O
MU%(?$BJV/[-N@Q4M_".`H8<GZ].U`"_\)!,LWDOIEP7\S9E?NXR1G)^GXYHE
MURXM[R6!["6;$A56A'R[?<GJWM3WUXFU,\4#`),J.'SG:1G*CN?;K_*FQ^(Q
M)$9?[.O`@')P,\G`X^OY4`$FNSQD;M+N!C;O)Y`W#(Y`Z#N>U*=;GD@>2.S>
M'9.(BTP+#!SEL+SCC]135\1CY5:QGWF01E1@$'KGGM[]S1)KT\5V\7V,RJDC
MH?*R64*>,YXY[?2@!(M>O&C42Z5.DC$=CM`R`?YC\_8TT>))=N[^RKHY&54`
MY/`X''//^32GQ(`>+&YPQ!3Y#EE^4]/7#9_^O5BSUP7MPL2VDZ*QQYA(*YP3
MU[CY3SZ\4`7;2X>YMQ(\+0MEE*,<XP2.O<<5-DT44`5;\&.!KJ/B:`;@WJ!U
M!]B*LV5XMW%O'![BH+__`)!US_UR;^55-")RP]J!EQP+B^D\P;D@P$4]-Q&2
M?U%3%L=3C/3)J&/_`(_+O_?7_P!!%+/:PW)3S5+>6VY><<T,%:^I-GWJ+[5;
MG!%Q%R"1^\'..M/==Z,I_B!%8H\+QK;_`&<7LHC:,1.`@RZ@$8SV&&.1_*@1
MM&6,9S*@QURPXXS_`"YI5=7)",&*G!P<X-8H\+6?V1[9YIG2219'+8RV!MVD
M^A7Y?I21^%X(D`CO)PYQO<X/F=/O#ODC/XT`;@.[.TYP<'!S@T9^;;GYL9QG
MG'K6&OA>--^W4;K+#&2V<'.<]<'\:!X87S?-?4KIF+[CSM!]N/?GZT`;2NKL
MRJX9E^\`<D?7TIQ."`3@GH/6LBXT!;BY>87L\2O)YACB^5<^O!Z^_MTI'\.Q
MLH"WURH7;M&[(&%P>.^[J:`-:218EWR.J+_>8X%*'4KN#@CUSQ66NA*JRC[7
M(S23+*"XW!2IR`%)QCG'TQZ5''X:AB"JE[<A`0=N[@D8Q_(_]]>PH`V0<D@'
M)'4>E'(K#_X1D;<?VE==,9'!'3IZ'CKSFM6SM5L[<0([,H9B-QR1DYQ]!F@"
M?-07<9>$R(=LT8+1OW!';Z&IZ9+_`*F3_=/\J`$TZ_6^A#8PV,D5<KG]`)W*
M/]@?RKH*!A1110`4444`%%%%`%34?^/5?^NL?_H0ID]M!<-&9ER8VRG..:?J
M/_'JO_76/_T(4R>UBN6C:4$F-MRX..:3V'%V=[V'S1B6&2-C@.I4GTR*P_\`
MA';4P"#^T3Y3QA'4;?WBA2N,YZ8/(Z<=JW)8_.ADB)QO4KD=LC%8G_",J;?R
M?MQ\MHQ')B,990"N,D\`YY'J*9)(OAFS%LUN;B9MTPF+EAOWA-H.?4#!_`5'
M'X7@1L#4+AI(Q\K%OFCR,`@=O;CMBI(_#BQVS1"^G+/-YK2G[Q;9LZ_3'Y4G
M_"-['=X]1N(VD.68$YZ`#!SV`QSG@F@!1X80<'4+QAT^9\G'(`SZ8./?`IX\
M/1K;&V2]G53,TPYY&<\#V&>/2FMX?/+1:C<(Q'!W%ACD="?0_I4:>&G12%U.
M<LWWF.<M\H7)Y_V<CW]:`"X\-66RV#73P+;QF-2"%)SDYSZ\FG2^&U=LC4[J
M)2^X!"!W..?7G'TQ4XT-/LDEO+=2S"1T?=+\Q#*V<C/KP/PJ!/#?[I8IM0GF
M4;3\Y.<AMV1SQGO^F*`&)X4CC9FCO9D9P=Q1`,_>_3YCQ]*5O"T4MMY7]H7+
MAEVLS'<'&,9/N,\5)_8$@`QJMSG^(DDY/.#UX(SQ].]5YO#=TMN8[74Y0<84
M.2!TQS@]NHQCGUH`MW.A6\MP9IKED4RB0``+\V%7&[J00O3WJ,^&E."=0NRV
M,,Q.2WO[?_6IXT65[5HYKQS)]H\V.0Y8Q`<`#/?!/7UIL6@/'&5.J79?C$F\
MY'//&<<CC]10!)::"EO-'.+R>1HV!7)XXX/'OW]ZU`P)(!!(Z@'I6.N@.I0#
M4I]J2!\`D$@?PY!Z=_SSFK%EI1LM2N[P73N+H[FC*@`'/7/L./\`]=`&C6'/
M_P`AN7_>7_T$5N5AS_\`(;E_WE_]!%`'1K]T?2EI%^Z/I2T#"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"J]Y"\L:O%CS8FWJ#T/8C\035BB@#-_M&U4[99!`
MXZI+\I'^-+_:-C_S^0_]]BK-S9Q70^<<^M4CH<?_`#T-`$G]HV/_`#^0_P#?
M8H_M&Q_Y_(?^^Q4?]AQ_\]#1_8<?_/0T`2?VC8_\_D/_`'V*/[1L?^?R'_OL
M5'_8<?\`ST-']AQ_\]#0!)_:-C_S^0_]]BC^T;'_`)_(?^^Q4?\`8<?_`#T-
M']AQ_P#/0T`2?VC8_P#/Y#_WV*/[1L?^?R'_`+[%1_V''_ST-']AQ_\`/0T`
M2?VC8_\`/Y#_`-]BC^T;'_G\A_[[%1_V''_ST-']AQ_\]#0!)_:-C_S^0_\`
M?8H_M&Q_Y_(?^^Q4?]AQ_P#/0T?V''_ST-`!+JUE&I*2B9NRQ\D_T%9=MYEQ
M?&5A\\C[B!T'H/RK4&AQ_P#/0U;MK"&UY49;U-`%E1A0*HV_^LN1_P!-C_(5
M?JE<12PS-<0IYBN!YD><$D=Q[X[4`-N)I(?+\N!IMS8.T_='K4LC;(V?&=H)
MQZU2.L6JG#+,I[@Q&C^V;/\`Z;?]^C0%]#.'BE_LXE:U4,T0<1^8278@D*,#
MVP3VS4L7B-I;=YA:-$!*L:F5B!RI))XXP05]SCUJY_;-GZ2_]^C0=9LSU\T_
M]LC0(JIXHM74$07+`X`*IG)/08ZC..,XH3Q-!)$)%LKPKC.=HZ88^OHI_E5K
M^V;/_IK_`-^C1_;-F/\`GK_WZ-`%1_%$$8+-9W@&<*=@^;I[\=>]30:\EQ=1
MP):3H7W8:3"CC/OWVFI?[9L_^FO_`'Z-']LV?_37_OT:`*<'B:.0I$UI.TS`
M;EB&5!+;0-QQGGN.*D'B2W,H3[/<`$'!9<<C.X<]Q@C'4GI5C^V;/TEX_P"F
M1H_MFS/_`#U_[]&@"J_B+]Q!/#;,5F1W"R-M=MI484#.2=W'TI/^$GAV!FM;
M@;1F3Y?N\9'UXY_^O5O^V;,=I?\`OT:/[9LS_P`]?^_1H`J#Q-;D[1:W#ODC
M"J.<?4\#!ZGKS6Q&XEC21<X=0PR.<&J7]LV?_37_`+]&C^V;/_IM_P!^C0!/
MJ'_(.N?^N3?RJIH7WF^E5K[4FO(S!%&T<3?>+?>8>F.U7M%A90TA&`>E`RS<
M(]O<-<JC/&X`D"C)4CHP'?W_``J(:E8G_E[B'L6P?UK1JE<:5#.Q;[I/I0`S
M^T;'_G\A_P"^Q1_:-C_S^0_]]BH_[#C_`.>AH_L./_GH:`)/[1L?^?R'_OL4
M?VC8_P#/Y#_WV*C_`+#C_P">AH_L./\`YZ&@"3^T;'_G\A_[[%']HV/_`#^0
M_P#?8J/^PX_^>AH_L./_`)Z&@"3^T;'_`)_(?^^Q1_:-C_S^0_\`?8J/^PX_
M^>AH_L./_GH:`)/[1L?^?R'_`+[%']HV/_/Y#_WV*C_L./\`YZ&C^PX_^>AH
M`D_M&Q_Y_(?^^Q1_:-C_`,_D/_?8J/\`L./_`)Z&C^PX_P#GH:`)/[2L?^?R
M'_OL53OM5B>!X;5C([C:7`^51WY[FK']AQ_\]#2KHD0.6<D4`5M$B(E)`^4#
M%;M10P1P)MC7`J6@`HHHH`****`"BBB@"M?QO):-Y8W,I#@>N"#C]*2.1)HQ
M)&VY6Z&K54+S3O,)EMW>&0_>*,1N^M`$KJ'C9#T8$5BKX>N!&D1U-Q$A&$52
M`H!R`.>G3D\Y'6I#9:F#C[3.?^!TGV/5/^?B?_ON@0PZ#>-)YKZO(9<`;@I`
MX!'3/&<\]ZE&BSF">.34II/.B>,ALE5!``P">V#[\]:;]CU3_GXG_P"^Z/L>
MJ?\`/Q/_`-]T#$&@3*TC1ZB\(E8%XXDVH!SD`9X'(_(^M(="O/X=7E'8<'@8
M]<]CR.W2G?8]4_Y^)_\`ONC['JG_`#\3_P#?=`%ZPLY+-'62[DN-Y!S(<X..
M?SJW6-]CU3_GXG_[[H^QZI_S\3_]]T"-FBL;['JG_/Q/_P!]T?8]4_Y^)_\`
MON@#9HK&^QZI_P`_$_\`WW1]CU3_`)^)_P#ON@#9HK&^QZI_S\3_`/?='V/5
M/^?B?_ON@#8)"J68@`<DGH*P!*+C4WG3E'<;3Z@`#/Z5*^F7TW$S22CT=R1^
M57;'2FBD$DQY'04#-5?NCZ4M%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!6FL+>8Y
M9.?:HO[(M?[IJ]10!1_LBU_NFC^R+7^Z:O44`4?[(M?[IH_LBU_NFKU%`%'^
MR+7^Z:/[(M?[IJ]10!1_LBU_NFC^R+7^Z:O44`4?[(M?[IH_LBU_NFKU%`%'
M^R+7^Z:/[(M?[IJ]10!332[5#G9GZU:551<*,`4ZB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
+`"BBB@`HHHH`_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>x15040216512300.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512300.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`"*`,H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHI*``G%&<UB>*]?70-&>Y4*T[G9"I
M[L>Y]AUJ#P1KEQKNAF>\8-<1RF-V"XST(./H:CG7-R]3=8>HZ/MK>[>QN7=W
M!8VLMS<2".*)2SL>PK"\-^,+;Q)>W$$-M)"80&4N0=ZYQGV^E<]\3=;(\K18
M7ZXEGQ_XZ/Z_E4/PK@)O=0N,<+&B?B23_2L'6;K*"/1A@(K`RQ%3?I]YZ5FC
M(K/UG6K+1;%KJ\D"J.%4?><^@%>5ZMXNUKQ!>K!;2R6T;N%B@@8@DD\9(Y)K
M2I6C3T>YS83`5<5=QTBNK/9*6J]C%+!86\4\AEE2-5=S_$P')JQ6QPO1A111
M0(****`"BBB@`HHHH`****`"BBB@`HHHH`****`"D/2EJCJFKV6D6WG7LPC4
M_=`Y9CZ`=Z`//?BC<LVJV=IGY8X3)CW8X_I4?@?Q/8:#IE^EY(0Y821H`<R'
M&,#]*V8M.TKQ_J4U_.+F$6RK$(E<`L.2&/''?BKY^'/ATKCR)P?43G-<;I5?
M:N<3WX8W!O!QPU2_G;UN>6ZC?S:IJ$]]<',DSEC[>@_`<5V'@OQ!I?A_PY=S
M7,P-P\W$"_??Y1C'MUYJSJOPO`1I-)O6W#I%<=_^!#_"N$OK"ZTVZ:UO8&AF
M7JK#J/4>HKEM4HRYFCV5/"9A15&$K)6TV>A8UO6[O7K]KN[;VCC!^6-?0?XU
MVOP\\,%`NN7D?+#%LC#H/[_^%<)IB6DFIVR7\GEVID'FMZ+WKO\`5OB396D?
MV?1+;SBHVB20;8U^@ZG]*JBXW=2;,\QC6]G'"X:&CW[6]?S.]W*JY)``[FF1
M7$$^?)FCDQUV,#C\J\/U#7-8UV<)<W4TY=L)#'PN?0**]&\!^%IM"MY+J\.V
MYN0`8@>(U'8^]==.O[25HK0\'%9:L+2YJDUS=$CKZ***Z3R0HHKG-6\?^%M#
MU&33]1U>."ZBQOCV.Q7(R,X![$4`='17(?\`"UO!'_0=C_[\R?\`Q-;.A>)]
M%\31RR:/?I=+"0)-JLI4GIP0*`-:BBL.\\6Z98^*;3PW,T@OKR,R1@)E<<\$
M]B=IH`W**Q-/\6:;J?B2^T"W,AO+!0TVY,+VZ'OC(K;H`****`"BBB@`HHHH
M`K:A>Q:=837DQQ'"NX^_M7EJC4?&&O8+?._//W84_P`_F:[#XA3-'H$<:\"6
M=0WT`)_I5/X;Q1_9[Z;`\PNJ9]!C-`":[X3.D^%YGT>>X2ZCP\SK(0TJCJ,#
M\\>U>=0ZMJ5O()(=1ND8=Q,W^->]L-PQC->3^-?"$FD7+ZA9QEK&0Y8#GR2>
MW^[Z5Q8J$OCB?19-B:2O0JI:[?Y&OX1\?2W-S'IVL%2TAVQ7`&,GT;Z^M=-X
MI\.0>(-,:,J%N8P3!+W5O3Z&O%,E>02".017O>G2O/IEM-+]]X49OJ0,T\/-
MU(N,M19KAHX.K"M0TO\`FCP:2-XI&CD4JZ$JRGL1UK1T70-1UZX\JRAR@/SR
MMPB?4_TK6U^SL!\0IX+Z?R+.28/*X[94$_3)_G7I6FWNA6UG'!87EDD"#"JD
MJ_XUSTJ"E)IO1'I8S-)TJ,'3CK)7\D4O#G@^P\/H)`//NR/FG<<CV4=A70XI
ML<L4J[HY%=?53D4^O2C%15D?(5:LZLW*H[L****HS"J%WH.CW\YGO-*LKF4C
M!DEMT=C^)%7Z*`/'?`FCZ7<_%'Q9:W&FVDMO`[>5$\*LL?[S'`(P*W-5\5OI
MOB%_"G@30+.74!\URX01PQ'WVXR1D<D]\<UG_#[_`)*WXQ_WV_\`1E<XNE26
M/Q0UNPU#Q)=>'GO)6FM[B([5G5F+`%B1Z_F#0!UI\>>*O"FI6D'C?2[5;*Z?
M8M[9L<(?<9/]./6JGB-@WQ\\.L""#;`@COQ)6?XG\-Z1';PVVO\`Q+O;N.21
M=D!_?$GIG:"<=>M6]8MUM/CAX7MD9G6&R2,,W4@+(,GWH`M>#B!\;/%A)P!$
M<G\4K6D^(%YK'B^'0_"=E%?P02#[?>R$^4BYY"D=_?N>GK7"RZ)JWB+XL^)=
M+TV_^PPSG%Y,/O>5\OR@=3DXK>\`ZJ_@?6)?`VOP16SR2%[*]1=JSYZ9/?/8
M_AZ4`:NJ_$'5]2\0SZ!X*TN*_N+4D7%W.V(HR.HZCOQG/7H*J2^//%WA*Z@'
MC71K<V$[;/MEB20A]QD_EQ[9K,^&.J6GA#7];\.Z_,EG>R7(>.:<[5E`S_$>
M.<Y'KDUJ_%OQ/H]QX5DT.UN(;[4+V1%BA@82%<,#GCITP/7-`%KQS\1;OPSJ
MNC0Z=91:A;ZC&9,`G=("0%"$>N?0U0U3Q?\`$?PY;C6=8T+3CI@9?-AA<EX@
M3QDY//;."*Q-:TZXTKQ+\.+"[_U]O'$D@ZX;>N1^'2O0_B9_R3K6O^N'_LPH
M`YR'QAX\\4P-J7A71+.'3`Q$37K_`+R;'7`R`.>/ZUN>`?'$GBR&\M;ZS%EJ
M>GOLN81G'<9&>G(((J;X8_\`).=%_P"N!_\`0FKEOAW_`,E3\9_]=C_Z,-`'
M;>,=.?4?#TRQ*6EA(E4#J<=1^6:X;PCKRZ)J1\\G[+<`+(1_"1T:O5:X'Q1X
M+F29[[28]\;'<]NO53ZKZCVH`[N*:.>)98I%=&&593D$4LD:2HR.H96&"",@
MBO&K/5-2TJ1EM;J:V(/S)GC/NIJY+XMUZ9-C:C(H_P!A54_F!0!H^*O#'A[2
M[^&=+AX@\@,EG&-V5[D?W?QKL+#Q/HEXBI;WD:-C"QN-K?0`_P!*\KCCN+VY
MVQK)<3R'H,LS&N_\*>#CI[KJ&I*IN!_JXNHC]S[_`,JB,(QNTC>KB*M9)5)7
MML>=:_//J.NWEXUO,@EE)4-&0=O0?H*J0:9>W;A8+">5CTVPD_TKW_`/49HP
M*Y7A$W=L]N&>RA!0C36GF>=^"/"^O:;J*WMRQL[;!#P%LF3TR!P/7->BTF!2
MUU4X*$;(\;$XF>)J>TG:_D%%%%6<P4444`9MEX?TG3=3O-3L[)(KN].;B5<Y
M?_#\*J:AIGAGQBDMI>16FHFT<I(`P+PMZ9!RIK=KR_X5,(_$7C1\?=OR?_'I
M*`.JT?X=>%-"NENK'2(Q.IRLDK-(5/J-Q.*U)_#^DW.M6^M362/?VR%(IR3E
M0<_AW/YUPNE?%?4_$5LZ:%X4GO+V-R)%\X+%&O\`"2Y'4\\>U:OASX@SW_B`
M^'=?T:31]4*[XD9]Z2C&>#ZX!]>E`'36N@:59:O=:O;6:1WUV`)Y@3EP/T["
MJOB?3/#US9+J'B&WB>#3SYPEDS^[Q].3VX[UC^)/B$NF:T-`T32YM9U?;N>&
M([5B'^TWT_\`UUR_C+QKK'_"):CI?B7PS/I4EY"4MYXW$L3-D':2.AH`[J]T
M/PQXYTVWO;FSAOX)4W0SX*MM/HPP1]*31/`7ACP[<"XTW28HYQTE<EW7Z%B<
M?A6+X7\1:=X8^$NDZEJ<ICA2W```RSL2<*H[FJZ>/?&-W;C4++P%.^GD;E+W
M(65E]0N,_H:`.RO_``_I6IZC9ZC>V2375BVZWD;.4/\`7\:LZAI]IJEA-8WT
M*S6TZ[)(VZ,*P_#7C?3?%&D7%Y:+)%/:`_:+648DC(!.#[<'FN9TGXJ:MXDL
M<Z!X2GO+M&/G`S!88Q_#\Y')([4`>A:?I]KI5A#8V,*PVT"[8XUZ**KV.@:5
MINI7FHV=FD-U?,&N)5)RY_I^%<YX7^($FK:[)X?UO29='U9$WK"[;ED'7@_3
MFEUSQ_);ZX^@>'=(EUK5(AF94<)'#_O,>]`'9TE<-IWQ#O(-<M]%\5Z%)HMS
M=G%O-YHDAD/IN'0_G4^N^.KRW\0OX=\/:(^KZE#&))QYHCCB!QC)/?D?G0!T
M]YI.G:@/]+LX9CZL@S^?6J`\'>'PV?[-C_%F_P`:S_#WBK6=0U7^R]9\+7>E
MS["XFW"6`@=MX[_G3_"_C+_A);K6X%L6A_LFY,(P^XR@9&<=C\IX]Q0!OVFG
MV=BFRTMHH%_Z9J!FK-<"_C?QC<%I=/\`A_=-;CH;FY6)S_P'%;'A#QM;>*OM
M5LUI-8:C9-MN;.?[R>X]10!TU%%%`!1110`4444`%%%%`!7EOPO_`.0YXW_Z
M_6_]"DKU$]*Q]&\*Z7H5SJ-Q8QNKZG+YMQN?()YZ>@Y/YT`<=\#54>#[Q@H#
M-?ODXZ_*M,\:#'QA\'D<$AN?Q-=MX<\,Z;X5T]['2TD6%Y6E/F/N.XX[_@*3
M4/"^FZGKUAK5RCF\T[/D$/A>?4=Z`."^'\\&F?$OQ58:FRQ:C=7!>!I#@R)N
M8X7/L5./\*W_`(M:CIMIX#OK:]>,S72A+>(D;F?((('MC.:U?$O@?0?%;))J
M5J1<1C"7$+;)%'IGN/K67:_"?PO!!.D\5S>R3QF(SW4Q=T4_W3T!]\4`>>ZW
M&T7@'P#J%RADTNUE!NE`R.6!&?P#"O;[>]M+NR2\M[B*2V=-ZRJPVD>N:IVW
MAW3+;P]'H/V99M/2+RO*F^;*^]<L_P`&_"Y=A'+J4-NQRUM'='RS^!&?UH`P
M/#LD6I_$WQ9JFD\Z;]C:.25/N228'(]<D,?_`-=;'P/51X`R%`+7DF3Z\+79
M:9H&EZ-I7]F:=:);VN""B=6R,$D]2?>F>'?#FG^%M+&FZ8KK;AV?$C[CD]>:
M`.%\4<?'7PQCC-L<X[_ZRL'P;:>($\6^(].LM?MM*U$W;/)'<6HE>=<DAE)[
M<YQ[@UZK>^%M,O\`Q)9>()XW-]8H4A8/A<'/4=^I_.JGB+P+H7B>9+F^@>.[
MC&$NK=S'(!Z9'7\:`..\5^$]<U-+&W\2>-].C47*FWS:+$Y?IA3G)_\`U5K:
MSX/M-:\1SZMX<\3-INN1*(KKR'60,0``'3.0<`?ETJ_I'PR\/:3?I?L+K4+N
M,YCEOIC*4/J!P*DUKX;^'-;OVU"2":TO7)+W%G*8F8^I[$^^*`,C0?$WB72_
M&\7A'Q+):7[W$)E@N[8;6``)^9?^`GM^=<]X0UA_#]G\0=6CA$SVMX65#T)W
M.!GVYYKT#PYX%T3PS=27EG'-->2+M:ZNI#))CT![5/I?A#1]);5/LT!9=6D,
METDK;U;.<@`]N3Q[T`<CX<T?Q/XKT2WUR[\;W=NUVOF+#91JL<0_NGU(K.^'
MRO'\7-?B?53JK):A6NRH'F$%!SCCCI^%=%_PJ/PVDK_9Y]3MK=R2UK#>,L1_
M#K^M;&A^!M!\.:K+J.E6IMY9H1"R!R4"C'0'N<#)H`Z&BBB@`HHHH`****`"
MBD/2N>OM6U)3JI@CA,4)2WM2'^=IV`[$8QEQW[&@#HJ*YZ?Q'-9;K:>TWW2S
M"%/+8NK_`";RQ(7(P.O'<>M7+?5Y9M%FU![-XWA60F%LKOVYZ9`.#CC([T`:
MM%82^)DEN7@@MF<E8S`VX8F9B=V/9=O)^M$7B%V6UN);98[*\9A#+YF7P%+!
MBN.`0I/7CC-`&Y17-S:_<FTM+N>W-G$ZFY=-P>3R40LV1C`R2@_'M5F._P!2
MFU>SLI[9+8&-KB39*'.P#:%;@8.Y@>..#S0!MTM8MUK$L>HM#;P-,XE2W5"X
M52Q4NQSC(VKC\ZM6.HS7=A-.UN%EA>2/8KY5V0D<''0D>E`&A16%_P`)*)4@
M-K;&8SK&%^?`\UQN"9]ER2>W'4FI+?6Y9+S[#+;*MRMQY+A)-R@;-^X'`[8&
M,=30!LTE8J:]/<W,<%G9"9I&EPYE"JJ(P7>3CN<X`]*?JE]>QZC:V]DD;E8Y
M)Y_,?:H4#`!.#U8YX_NT`;%%<[+XK5;:"X2W#!UB,R9;=$TF,+D*5S\PX)'Z
MU-_;T_G@_8U^R-=-;++YOS-M!RP7'0%6'7MF@#;I:YX:S?WCZ<L=LL$6H2!X
MW$@9Q$!N)9<<9&!P3C=70T`%%%%`!1110`4444`%%%%`"5572[))7E6W4/)*
M)6/."XZ-CIFK=%`%.?2K&X1DEMP0TGF$@E3OQC.1R#CBIQ;0K;?9@@\K;LVG
MT]*EHH`J0Z78V\D4D-M'&\,/DQE5QLC_`+H]!P*BCT'2XFD9+.,&565NN,-]
MX`=@>^,5H44`5Y+&UE),D"/F,Q'(SE#U7Z<5'9:38:<[26ELL;NH1GR2Q49P
M,GG`R:N44`5UL;5)O.6%1(&9PV.=S8!/XX%--BJ6OV>UD:U`.0T8!(R<GJ".
M<FK5%`%"+1-/BTM--%NIMDY"GKG.=V1SG/.:#HFFFWC@^RJ$B<NF"00QZG/7
M)[\\U?HH`K6NG6=EM^S6Z1;8Q$NT8PH)('TR3^=.DL[>5I6>)6:6/RW)_B3G
MCZ<G\ZGHH`H'1--:Y%R;1/-#*P/.-RXVG'3(P.>O%3+86J"(+`@$)8QC'W2<
MY(^N3^=6:*`*-IHVG6$PFM;1(W`*JPR=H)!(&>@X'`XXJ]110`4444`%%%%`
M!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%
2%%%`!1110`4444`%%%%`'__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>x15040216512301.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512301.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`"*`UT#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBFLP49)`'J:3:2NP'454DU&WCX5BY_V:I2
MZG,YP@"#\S7E8G.,'0T<KOLM36-&<NAK.ZH,L0![U4FU*!`0I+GVK*=W<Y=B
MQ]S3:^>Q'$=66E&-O-ZLZ8X9?:9OVTOG0+(1@MVJ6JUA_P`><?T/\ZLU]?A9
MRG0A*6[2?X'')6DT%%%%=!(4444`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!113'#,,*VWWQ2;LK@.)QR3@56E
MU""+C=N/HM#622<RO))_O-Q^5/2T@3I"GY9KAJ/&3TIJ,?-ZO[EI^):Y%N4'
MU.:0D0QX]\9-1&&[G.65V_WN*V@H`P``/:BO/J9/4K_[Q6;\EHC55E'X8F0F
MFSM][:OU.:E72?[\OY+6EBEK2GD6"AO%OU8G7J/J4DTR!>NYOJ:F2T@3I"OX
MC-34M=]/`X:G\%-+Y&;G)[L0``8`P*6BBNS8@****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`***3-`"T444`%%%%`!1110`4444`%%%%`!1110`4444`%%%
M%`!1110`4444`%%%%`!1129YH`6BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*Q_
M$VK7&C:<ES;+&SM*$(D!(Q@GL?:MBN9\=_\`(#B_Z^%_DU`&+_PGFJ#K!:?]
M\M_\55NP\9:A?>;`L5N+K;O@`!Q(1U7KU(Z?2N>TC4HM,N7EFLH[M73;LDQ@
M<@YY!KI]#UZSU/5HK5=&MH&(+"1<$J0,_P!T4`4[;QY>FYC^TP0"`L!(4!!`
M[D<]JW/$OB,Z1!`+7RY9YOF`;D!/7C]*YGQ?HW]G:@+J)<6]R2<#^%^X_'K^
M=8@,]W-%&"TLAVQQ@GGT`H`[?P[X@U;6[YD>"!+>(9D=5.<]@.:ZBL_0]*31
M]-CMEP7^](P_B8]?\/PK1H`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M.$^(>KZY9:QX<TW1=3_L]M4N7ADE\E9,?<P<,.V3Z5E>([GX@^"+0:W+KUMK
MFGPLHN(7M5A8`D#(Q^`SGOTJ3XL7KZ=XA\'WL=K+=O!>2.L$0R\A'E\#WJCX
MFUWQ/X]T9_#VF^#]0L1<R)YT]Z-B(H.>I`[@?ETYH`]+M]9L)K*RN6NHHEOT
M5[=9)%!DW`$`<\GD=*MS3PV\+SSRI%$@R[NP55'J2>E>:^,M/CTG4_AYIT>"
MEK?)$#CKM\L9_2NL^(&/^$`US_KSD_E0!M2WUG!:?;)KJ&.VP#YSR`)@]#N/
M'.13&U;3DO%LWO[9;IAD0-,HD/?[N<UP7C;`^!:''2RL_P#T*.MSPQX'T?3;
M2SU"XLA/JY`GFO)\F4RL,MSVZD8'%`'2VMY:WT`GL[F*YB)P)(7#J3]11:WU
MI>AS:74-P(VV.8I`^UO0XZ&O-_"NH?\`")V_CC36RJZ1.]W`#_==25`Z^@[=
MZI?"V&3POJT]E>R;8]2TF+4RS\`$$[A^`;MZ4`>K17=M/)+%#/'))"=LJ(X)
M0^A`Z'ZU4F\0Z);RM%/K%A%(OWD>Y12/J":Y#X50?;-`U37)P0^MWTTQ/0[`
M2`/SW5ARW'PEM!+I4&CF_P#)&R2:WMGF(/0_O.N>.HX]*`/6E=7`*D$$9!'<
M54?6=*CMOM3ZE:+!O,?FM.H7<.JYSC/M7&?""\,V@ZA8I)++:V%^\5JTRE7$
M9`(!!Z8S6/\`#?PC8:Y;:A?ZW;B]AAOYXK2";F.,;LNP7N23CGTH`]1@OK2Z
MMOM-O=0S08)\V.0,G'7D<5Q6@^/8KSQGK]C?ZMIZ:=:&/[&YE10^1SAL_-5#
MPEI]IH'Q/\0^&K-&&FW%HERMN3E$/`8<^N[\OH*H^%/"OA^[^(_BRQN-'M);
M:U,/D1-$"L>0<X';-`'J@N8&@%PLR&$KO$@8;2O7.>F/>JUIK6E7\ODV>IV=
MS)C.R&=7;'K@&N$^($!O]<\->!K9FL].O"3.L)VYBC'"#V`!]NGI4?C[P-I&
MC^%WUO0+5=*U#2=LT,UN=I8`@$-Z\?YY-`'H\]Y;6J(]S<10J[!%,CA0S'H!
MGN?2J[ZUI4=W]C?4[-+G.WR&G4/GTVYSFN`^(5]=:Q\-M`U"V!BN[R\M)8\8
M^61E)'MU-6O$?PV\.6_@G4-EDIO;>VDG%\Q)F:15+%BV><D'CIS0!Z%N'O5$
MZ]HXN?LIU:R$^[9Y1N$W[O3&<YKSS5O%6H6_P-L=2@FD6]NH8[;SRWS`Y*LV
M?4A3S[UK0_"7PT?"XTN2R1KMHOGOL_O?,Z[@WIGMZ4`=V"#TI:XKX4:O>ZMX
M-"7\K37%C</:F5CDN%P0<]^&`_"NUH`:[!5+$X`Y))Z5Y=IEQXN^(\U[J6F^
M(O["TJ"X,%M'#$)'?;U+'([$'KCGVR?4F&1C&:\M7PUXZ\"7-V/"9M=4TNXF
M,PM9^'C)ZXR1G@8R#SCI0!U?A?2?%FDZA-#K6O1:OI_DCR7:()*LF>^.HQGN
M>U=##>VEQ/+!!=0RRP'$L:2!FC/^T!T_&N0\'?$";7-6FT+6M*ETG5X4,GDM
MG;(HZD9Y';USZU2\`_\`)1/'/_7U%_[/0!WKW=M'<QVTEQ$D\V3'$S@,^.N!
MU.*Y2YO;B/XO6UJ;J1;3^Q'E:(R$1[A+C<1TSCO47B/_`)*MX/\`^N5Y_P"B
MQ61XLT7_`(2#XO:;ITLDBV<FDDW:QMM,D0D8[">N"P7.*`/0+/6-+U"0QV6H
MVETZC)6&=7('K@&K;,J@EB``,G->6>//#VD>$+GP_P"(-%LDL)X=2CAD%O\`
M+YJ-DD'MT!&?>K?Q=UF&$Z/H5Y>R6-AJ$S/>W$8)(B3&5&,GDGT["@#NK;7M
M'O)U@M=6LIY6^['%<(S'\`:M7%Y;6D8DN;B*!"P4-(X4$GH,GO7BOB"\^%4O
MAR6'0KB.SU*W3?:7$5O,LGF+R`6*\YQC)]:W/&NHWNJ_!K2]1;F]N'M7R@ZR
M9ZC\:`/21JFGM>_81?6QNQ_R[B5?,Z9^[G/2FOK&EQ0R32:C:)%'(8G=IU"H
MXZJ3G@^W6LCP]X'T/0A;W,5DKZA&"SWLF3,[L,.2??)XZ<UQ?@GPG9:_KOB2
M[U>`7EI:ZQ<);6TG^K60M\[E>YP$'-`'I\.HV-Q:FZ@O();<9S,DJL@QU^8'
M%-L]4T[4-WV&_MKK9][R)E?;]<&O*]/\*6;?%'5?"T;NF@B)+^73PQ"2/@`+
MQSM!?./8>@K5U'P_9>%OB;X:NM$@CL8]2$UM<PQ#"N`N<X_+\A0!Z%=7]G81
M^;>7<-LF<;II`@_,TRSU33]1W_8;ZVNMF-_D2J^W/3.#Q7*^.1X)L[BTU+Q7
M&D\RHT5M`P:0MSDXC'!^I]JXIM2\-6OC?P]?>%+&ZTV66\6VNHFMGABEC?Y>
MAXR/_K]J`/9);NVAFBAEN(HY9B1%&S@-)CD[1W_"J\.M:5<71M8-3LY;@$CR
M4G5GR.O`.:X?XF6,^I>)_"%C;SR0/<7%Q&TD9PRH54/@]CMW52^(W@G0M"\%
MOJNC6$>GWNFO%)%/"2'/SA>3GGJ#DYZ4`>I`Y%,GD$-O)*02$4L0/85%IUS]
MMTRUN\$>?"DF#U&0#_6LSQ?XC@\+>';G5+B+S@@"1P_\]';@+]/7V!H`XGP]
M!XS\<:=)XC7Q4^DI/(?L=I!$KQHJMCY_7I_GI7I&F)>QZ9;)J4L<MXL2B>2,
M85WQR0/0FO*?#UQJ_P`+KFV;7D4:'K!,CK`I*Z?.QSM[\8Q^7MSWVN>*QI6J
MZ#8VUJ+S^V9RBNLF!&@`)?H=W!S^%`'0UPOC;Q#K)\0Z9X1\.W$5I?:@IEEN
MY,-Y,8ST![D*Q_#CKD=W7$^-O!^K:IJEAXA\.WR6NKZ>I1!*/DE4]N^.I'/7
M-`%-?"7Q`TXB>R\<B]D##,-W;`(RYYYRV/P_.N[NKVTL8UDN[F&W1V"*TL@0
M%CT`)[UYJ?B+XN\,SQ_\)GX:$5DS[&O+/E5ST/4@_3(-6_C!+'<>%]&FB8/'
M)JD#*PZ$%6P:`/1'=(T9W8*BC+,QP`/4U"+^S-G]M%U";7;N\_S!Y>WUW=,5
M!KO_`"+^H_\`7K+_`.@&N&M?^3?F_P"P2_\`6@#NWUC2XY88I-2M$DG`,2-.
MH,@/3:,\Y[8K&L;*ZC^(.I7KZY'-;2VJ*FF"8EH"-OSE,X&<'G'\58_@/P/I
M/_".Z;JVIV*W>J3QQW!N)^7C(`*!?[H4!0,>E1:/@?'3Q"?^H;%_*.@#MKO6
M=+L)!'>:E:6SD9"S3JA/X$U/;W=M>0I-:SQSQ/\`=DB<,K?0CBO.]?F^&ND^
M(+I-3L%U'5KE_-G18&N&4X].B\=ASTJI\.+S3X?'VK:=H*7,.DW%HMTMO<(R
M&*0,%.T-V.X_IZ4`>JT444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`
M!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%<SX[_P"0'%_U\+_)
MJZ:J.K:;9ZI:K!>DB-7#C#[>>>_XT`>=:)>V%C=R2:A9_:HVCVJFT-@YZ\UO
MP>*=`M91-;Z.\4@&`R1H#_.M'_A"]#V;_P!]M`SGSN,4Q?"/A]XS(LKL@QEA
M/P,].:`)/$-S'J/@R2[5"%D5'0-U7YA7+>$`#XFM@1GY7_\`037=?V78W.B)
MIRL7M"BJI5\D@'(Y_"J^G^%],TV]2[MQ*)4!`W2$CD8Z4`;-%-WKNV[ANQG&
M><4%E7JP&?4T`.HI`RD9!!'J**`%HHHH`****`"BBB@`HHHH`****`"BBB@#
MS[XB`GQIX'(!.-0;.!TYCKT"@J"<D44`<'\58)X+31M?M[1[DZ-J"7$JIDD1
M_P`1Q]0OTK(\8?$+3/$_A#4M.\-_:;N=[<M.PA9%@B&"Q8D=Q\H`[FO4R,U'
M#;06X80PI$&.6"*%R?4XH`\]\;`GX&(H!+?8K/@#G[T=>AP_ZE/]T?RIQ4'C
M%*!B@#QGXE6-[;^.Q:V:$0^)[>&UF8`\%95!/`]`OX$UI?%Y;G04TG5]-3!6
M"?3FVC!V.F%Z>F"1VS7JA`)SZ4$`]:`.2AT*Z@^%8T2S_=W9TLQKR0?,9.?<
M9)-<MX-^(WAO0?"5GI+0W2ZK;Q&-[&.T;S)903QD#&2?6O5L5%]EM_M'VCR(
M_.QCS-@W8^O6@#@_A*+[RO$3:DA2\?57:9<YVL5!(SWQT_"KOPJ!'AB[!!!_
MM*YZ_P"]7:;1Z4``=!0!Y]IH/_"^-7.#C^R4YQQUCK-36[;P-\3O$-SKL5Q!
M:ZJL3VUPD+.C!1R..<]J]3P,Y[T%0>O-`'G'CIY8KSPWX]TVWEO+>Q.9HU0[
MO(D7[^.V`3U[D51\7^/]/\8:%)X<\*K<:A?ZB5C(%NRB),@L6)'H,>W)KU7:
M*BBM;>!G:&".(N<N40+N/OCK0!P?C?3AI7@WPWIL;%Q::E91!O4*",_I76>*
MN?".L@<G[!/_`.BVK5*@]:,4`>4PZ!<^(?@'96=HC-=0QF>)`.799&.W'J1G
M'OBKZ?&/1ET-1)'<C6_)VFP6W;=YV,8SC&,_CCMGBO1P`.E1?9+?SQ<>1&9@
M,>84&['UZT`<A\.](N_"_@1I-1C9;N9I+V>)N"I(^[['"CZ$UK>#/%`\8:"-
M66QDLT:5HU1WW;@,?,#@<9R/PK1UG3CJNCWFG+,8/M<+1&0+N*AA@D#Z&ETC
M2[?1=*M=-M%VP6L2QIZD#N?<]3]:`+AK@H?C!X<1I(=72\TJZB8J\,UNS<^Q
M4?SQUKO2,U%/9VUT`+BWBF`Z"1`V/SH`\TT&\D\;?%.'Q+I]C+#I.G6C0K<R
MQ%?M#'(X_P"^C^`]Z1M<M/A_\2]=FUF*6VT[64CF@N5C:0%U'S#CW9N.W'K7
MJ"HJ*%4``#``Z"F36\-PA2>))4/.UU##\C0!YC'K_P#PDWQ6\-:C:03KI8BN
M8[:65"GG,$.]@#R!RHR>N#6]<`_\+KM#@X_L)QG_`+;5V815Q@`8Z>U+@9S0
M!Y]\9`6\/Z2`"?\`B;0]!_LO4OQ)TZ_BNM'\4Z;9F^DT69FFMAR7B;&2!ZC'
MZY[5WA4'J*-OUH`X`?%[P28`PFF,Q7/V<6;%\_W>F,_CBG_$6?[;X%T^Y2%X
MA->6D@B9<,@)!P1V(KMELK19S<+;0B8]9!&`WY]:FVB@`KBOAH"%\3Y!&?$%
MT1D?[M=M2``=*`//M+!_X7OK+8.#I4?...L=7?&()\=^"B`2!<W&3_VS%=IM
M&<XI-H]*`/,?$=_:^%?BU%KVO(YTVXT_R;:<1&00R`C/'8]>G][ZU2\2^*D\
M5^(/"\NDQ7#Z1;:M!ONI(V1996/`4'KM"MD^]>LRP0SQF.:))$;JKJ"#^!I4
MBCC18T1511A548`'L*`.-\7@GQ_X*(!P)[K/M^[%/^+(+?#350H).(N!_P!=
M4KL2H)SBC`QB@"AX?_Y%S3/^O2+_`-`%8/Q+\/7GB+PC+!IZ[[RVE2Y@3^^R
MYX^N"<>^*ZT#`Q10!YG)\4O".K>'Y-/\20W-O<RQF.YLI+9F;=C^$XQUZ9P1
M[5S7@69]!\6Z=/XGBOHK.6W>+1)KP_ZE2^,-C[I(..>F1VP1[8UG;/.L[V\3
M3+]V1D!8?CUJ0J",'G/K0`N<]*Y?Q-X[L?">IV]MJEI="VN(]PO(H]Z(V<%2
M/ISQGZ5U`&*1D5E*L`P/4'O0!Y/XT\?:7XPT"7P[X8@N-5O;XJN%MV`B`8$L
M<CV_"MCQ]H%XOPPLK:W@^U76CBWEVIGYO+7:Q`[C&>*[R"SMK4$6]O%"&ZB-
M`N?KBI<=/:@#S?4_B=I7B'P[=:?H(NI]5NK5U$(A9?(RIW,S'@!1GIFG6H/_
M``S^RX.?[*?C'UKT*.V@B9VCA1&D.7*J`6/OZT_:,8H`S?"__(IZ1GC_`$&#
M_P!`%<CHW_)=/$/_`&#HOY1UW=[--;V,\UM;&YFCC9HX%8*9&`X7)X&>F:Y#
MP7HVLR>(]7\5:]91V%SJ`2&&U5P[1QIQRPXYP/R[4`<OX3\3Z/X#U#7=-\2O
M);:C)J+RB?[.S^?&W0A@"3W//][ZUH>$]2N]8^+M_J=Q:S6T%QI.;2.8$-Y(
MD4`D=LD,V/>O2);6WG9&F@CD:,Y0N@)4^V>E2[1G/>@!:***`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"LCQ#83ZA;VZ0(',<X=E+`9`!'<$=QVK7K*U_27U>R6*&7RI4<,
MKY(XZ$<>H-`&)::1K]G:QV<6%B*C.V883YF)&,<D@C\JI'1=42X:.26+RXC'
M/)&LX`3&,LPQS]TX^E78_"6HQR1M]MC8C.YR[Y')Z=N1M!^E._X1">*6-X)8
M540JDB$L0S["K-]<D$?C0`V+2M=-DDD-XP_=X0)-\@4Q]0`.NZD6'7-0\-(+
M5ITE>Y)7S92KB+MSQQ23>%+^.!GBN5WX)D16;$R@+A,?@?SJPWAZ\OO#^FPM
M(;6Y@!\P,QSM.>./PH`6^TO6GO;.YMV(F6WCCDD$N`&!RQ8?Q#'\ZSHM-U8;
MI;^\WFUE<2YNL>4K(?FSVSGIZ?6K`\'ZBJE5OH\M&0SEWSDJ<C'3;DY]:?=^
M$)W,JVK6ZPLQ*QNSX7*J,^YR#U]:`*\.C^*8O+6&=H8T@"*HG!`QV_K[=*[&
MUMQ:VT<(DDDV#&^5MS'ZFI%&$`/84Z@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HJH^H01S3I*WEB`+N9NAW9QC\J;+JMG%;+.9T*2`E.?O8_EZ<T`7:*K?
M;[;SUMVE59F7<$)Y]?S]J:FIV4B2NMRC+",N0>@['W_"@"W153^T[3RXG\]<
M3'"8!R3].WXTLM_!;@&>18P7*@YR./7T_&@"U156[O?LQB18_,DF8JBYP#@9
M.3VXH6_C$GES?N9!&'97(X'/<<=J`+5%5/[4LC:FY%PIB!VDC.0?3'7/M3EO
M8FDV%E7+!4R<;R5#<#Z&@"S1522^*7GV9(2[A`Y.X`8)([_2I?M4&XCSHP02
M"-PXQR?RH`FHJ@VL6:HDIF`B?<`Y!'(QVQGO4QO[83QP^<N^090=F],'I0!9
MHJI_:=F'D3[3'F)2S\]`.OY4'4[,6WVG[0IBSC(R>?3'7/M0!;HJM<WJ6]F;
MK'F)\N-IZY(`_G26M\MR9%V%'CD,;*2#DX!X(]C0!:HJN]T%*X`8,5`(;U)'
M]*B74[>29HH9$D*`ECNP!@@?UZ^U`%VBJHU&U-PUN+B/S5!)7/3'7\J=:WMO
M>*S6\RR!>N.U`%BBBB@`HHI#TXH`6BJ:7SO=R6YMV4Q!6=BXP`<X/Z&G0ZA;
MW)3R)!(&?82.,'!/]*`+5%,\U/.\K>OF;=VW/./6FO/''/'"Q^>4$J,=<8S_
M`#H`EHJE_:(-ZULD>\IPQW@'.,\#J:+6_>>X:WFM6@D""0`L&RI..<=#[4`7
M:*HB_E%XD$EH\:2,RQN6!W$`GIV!`XJ6RO/ML3OY3Q-'(8V1R"01]"10!9HJ
MC#J:W#7"Q1%S;LRE0Z[F(.,8SQGWJ,:LZK(LMHR3QLB^7O!!W_=^;^?]:`-*
MBLQ]8"Q!TMV=E5GD0,,HJG!/OR#CUJ>ZU&*U6!CAA.V$.X*.A/4^PH`N45GW
M.JBVF*>0SI&JM,ZD8C#'`^OK].:;_;,:S,'A=(`759B1M8I]X?H<>N#0!I45
M2LM0-V[1R6[P2!5<*Y!)5LX/'TY]*NT`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`9[6#-?RSED*N\3!2.1M!_P`:AGTV=GD:
M)H?WL4D3!P<`,Q8$?F<U+<H?[7MHQ-,$D21F42$`D;<?S-5EU6[,/G^7$RRQ
M/+%&`=R[2,AO7CZ<\4`2?V;.)7421^2\PGSSO!"@8^F0.?3(I;K2FEMDCB=4
M*)&%VDKDH<XR.0/I5=O$!"S,(5.Q6D0!N63("-CW)/Y5+!>ZA.4A$0C=G(\V
M6$H"H&<A,YSGCK[T`(^E3"+%OMBGRQ$WGNS*3CN?O#@9!XX%/O=.NIXI$BF0
M+(L@*LS`9;HW'7'/'3FG:O$64>3-.+EAM@2.0J`W]XCN!WSQBM)3D$9!(ZT`
M4;J#-E%!*EM+&H"N)^`3C`Q[YJFFG3S6`@CN(9(FBV,QSE2&+*!ZCD#GG`J9
M8&NKRZ19&,4)10)"77S`=QZ_@/SJ&\MY;&2T6V#.97V.D;>67PKMU_']*`)S
M871N5N]T/GB4.4R=FW;M(SC.>^<>U.^P2?VHFH;T\S&V1#DC;@9V^AR/Q'6F
M27$\5PMO"0LDSJH:4EPF$W'OR>*B_M>Y>(RHL"B"$2RALD299AA3_P`!.#SG
M(H`EO=.EGU%+M(+24+&%`N`<J0Q.1@'UID^CRSW%U.94!NHS$P"_=4?=(]\]
M?7\*O6LEQ+<3%_+6%&**H!+$\<D]NXQ5N@"D()II(I+E8@Z*P^3)'('J/K52
M33+MI81YR&*)XF`);Y0F,@`<<D=3ZUL44`9-WII:S"J55HRSC"$Y8N&'`Y/(
MYJNNGW-X1<-F*1;AF*AGB#`H%)!'S=1WZUO44`9EQIK2:)]@C$:G"\,S,O#`
MD$GDBF6VG7-JBM$MK&PFW^2@(C4;2#COD]>E:U%`&?%92I'&'=2RA-Q`ZD$D
MX_.H(-,GCB2*1H<10^2C*#EAN!!/X#IZUKT4`9MQIPDMI(\A0YE+%5Y^<$?G
MS^E)I0N&GGEN(PI*1IE4*@XSTSR>HK3HH`****`"BBD-`%"XT]IY+[,@5;J!
M8@1U7&[G_P`>J.QTU[>5)9,;Q@,?.>3("L/XNG)J&VNID-[//O6.*614E:3<
MO#8`V4Q]:GM;:1YHD=X9A$PQL+94$'&3C&>>>@)H`URK_:MV(_+V8SCYLY]?
M2JUQIRS:A!<9(5`^X;VR<XQCGVJQ$TIE(?RBH13E#SGG/'ITQ^-59+Z4:LEM
MY,GEF%F/RCJ&4`YSTY-`$#:.1?-/&(@KW`N"YSO!"X*CV./R)XJ?3K:[AFFE
MO!;M)+C+Q%LG'08/0`52@NIIKZ3SA(BR7$ENCK,<I@''R8QC`SGKFK>F(PEN
M&CDE:U.!$97+EB,[F!/8Y'Y4`+';7G]JM<S_`&=XP"L1#-N1?3&,9)ZFGZ9;
MW=O]H^U>3^]E,@\HDX)Z@Y%5[2W9KR9(KBY:W$>QY&E)W29ZJ>V!P<<?E5G1
MI))=)MWE=I'*G+,<D\GK0!";.Y:\%T$MHW17"[,_O">F[CMCWJ)-,NGM'CG%
MLTCS++)@L5F]0V1],`>@I+<RI%)9:C,\<B1B5YTG)W+G'4@;>G05`QNUMX(E
M6=_-ED:.`S%'\L#C+^QP<$YY]J`)7T:9K)85\D/\X#!F`C5C]T`?>4#L>,U>
MFM6%M%;PPV\L<:[<3YP,#`QP:R);NZ%M#=9FD^2$PNAVHQR`X;W/;CTQ5[7[
MJ6&Q=(7>%O+9S*JD[=O;/8DX_#-`"?V1(L'V=)D*2PQQ3,P.X[>,CZCBG2:2
MTO[B1T^S*\CJ`#N)<$8/TW-]>*D);^U[5DFD,<T#DH3\O&W!QV/)K+:XNH;5
M;E)Y3-<PS&12V1&0>"!T&WI_.@#8L[2:.X:XN71I#$L0"9Q@9.?J2:O5G:<&
MAO+NV$LDL<>QE,C;B"PY&?P!_P"!5HT`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`444F<4`5&N;<WVS83-$53=CIOYX/_``&DFCLK
M"&:Z:%54@^857ELGG]35:&-KC4[J=%(C$L8RP(R5!W8S]:=J;2OI!A>/]_,5
M0(F6&[/KCI[F@"=8].61K55MPZPA#$,9\OTQZ<TV%].@B>:%X%CB)WL'&%/`
M.3VZ"J3:3<&YG+N[H\DCH?.`4;E(Y7&>^.O^%3SZ<ZR1RVT4?[MHV\O.`X4,
M"/P#<?2@"P]I8:GMN);>.8KE%9@#P#V/IQ389X5O)D@@E8O)MFE4#:'"C@\Y
MZ8[8I;&&:VB2$Q1JGSLVQONDMD`#TP34,UE-)J"3QPK"RR`M,LI^=.X*]R>G
M/UH`O((8%<J$16)D8C`!]2?\:B2XMKMDD0)*J,=D@((!V]0?H<50DL;Z:V\I
MDA4Q1A4`<D.0X;GC@$+C\:E6QE99B8HXS*[ML4],H%_/(H`FEDTVX3][);NK
M2!02PY<<<>]-D.DF-)W:UV0GRU<L,(<_=_,#BH[S2A-;21PQQ@_9?)CSQMY_
MEP*;-8W8NYI(`OE2NI*!MI("8ZXXYQ]10!?^T6T,BQF6)'E.57<`7/MZTR[U
M&VLBHN&*;D9@<9Z8X^O(P.]4[32VBLT29(S,$A4L#G[ASU_.GZGILE]=VTT3
MB-K8.R.1G:YVXX[C@Y^M`%R.]@D=8BX29DW^2Y`<#W%2K(CD;64Y&1@]1ZUD
MR6>HW%W!)*$`29)#B3A5"X(`QR<YY/:GVMA<VLT\JB-]H$=NI8C$>[<<^G7_
M`,=%`%ZXO$MY8HBCN\Q(4*!V&3U-1S:BL$XC>VG"%E0R[1M!;``ZY/)Q3-3M
MC=1B/['#<\'!E;&PXP".#5<VM]Y]K'+$D]O;JGSF4@LX&"Q&.<=AGKS0!?N+
MQ+:2*-D=WF)5`N.<#)Z^PIDU^L%Q'')!*$E8()<#;N/0=<_IBJUU8%X3&8!?
MAF9A]ID'[LXXQQTI@L;EI+,-"CO;;%^TM*<D`?,=N.IY'-`&O1110`4444`%
M%%%`!2'I2TAH`J;K%O/M=T)ZM-%D=^I(I8K*SC<^7!$&&2<#GD8)_$"LZ'2G
MBG<W;220AI3N\T;=K9_AQGH?7M4NEPW'V,2N`TEPV'=B0PC`(4_7`!Q[F@"S
M'-I\(EDCEMU$*K'(P8?(!T!],9J62:T62.=Y(E9QL1RPYR1P#WSQ5!+*[2TL
MX_)B+6;KQOXE`!4GIP><\]Z:^D2/8R1[(O-:"1%`^ZA=LX'MTH`M2?V:Q>Z*
M12G=Y+,@W')(4KQWZ4D0T_35"PQ10/*!^Z0@,PSCI[9J(V4HU;?L`@=ED)4\
M`JI'/XD?E4?]FW"L5\N*17\D[F;F,IC./RX]R:`+T6DV$`<16D2"12KA5QN!
MZ@U);V5O:Q&*WA2*-CDJHP#5BB@"H-+L1`T'V6+RWP&7;P<=/RH_LRR\@0?9
M8O+#%@NW@$C!-6Z*`*YL+4R1R&"/=&`$.W[N.F/IFI9(TEB:.10R,,,IZ$4^
MB@"L^GVDMRMR]O&TR8VR$?,,>].6S@1W=8D#2??./O5/10!%!;Q6R;(8U1<Y
MP!4M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`&5+>S1WEY&LB93REA60$C+`Y'`R>E1?VPY%K(L1,EP&C6,MA=X;!R2.!P
M??M5W^S8WGFEF)D:5U9<$KLVC`Q@^YY]Z4:99K;"V%NOE`$!22<<Y_GSF@"K
M_:KK=21E$DCV2-$\>>2G4$D8_$4]+J\1F>Y$$2+#YC#><+R<9..?>IUTNT64
MRB'YL,H.X\!CE@!VS3I]/MKIPTT0<JA3[Q'RGJ#CK0!'IUY)=":.:,)+"P#%
M00"",@@,,U!;>=+:W<<U](HAN&7SOE#!``<9QCN><5=M[*&U,AA3!E.7)8DL
M<8R2?:H!HMB(I8A"VR8@R`RM\Q'.>M`%/S+U=+2?[1,I%PH3<HW/&7"@-D>A
M^O2C4;NXMKPMF951XQ$B+E)5)`;)QUY]?3%7I-)LY;<6\D;M&K;@#*^<_7.:
M>UA;O)&[H6,>"H9V(!'0XS@GWH`S[2XN3=6TLDSLMV\JM$P&(]N=N..P&#ZY
MJ[J,TD"VWEMMWW"(W'4'J*<VG6S&4B/:TJLK$$\;NN/3/M4KVT3QQ(R[A$0R
M9/0CH:`,Y=3N5CWRVJ(950P@/GEF"@-QZD'BD2^O=Y@\F,W1=^&<[-JA<X/7
MG=QGUK0DLK>6+RI(@4V!,9/0<C^51G3+1D"-%D!BV=YSDC!YSGD4`5UU&>7R
MY(+=?**QLY=\'YSC`X[>_6JXUR61Y?)M6E7YO+"H^<J<$DXQC@],GM6M]FB"
ME1&H!"C`XZ=/RJ+^SK<%RJNN\EB%E8#).2<`\4`5H]1W6RS&2(MY;$D%M@8$
M#&,9SDCCK5C3KM[N&3S4"212&-P,@$X!R,\]".M+_9MKY31>2-KDELL<DD@D
MYZYR!S[5);6D-H'$*;0[EVY)+,>I.?I0!-12T4`%%%%`!1110`4444`%%%%`
M"48I:*`$Q12T4`)@48I:*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
,*`"BBB@`HHHH`__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>x15040216512302.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512302.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`"*`UT#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBFLP49)`'J:3:2NP'454DU&WCX5BY_V:I2
MZG,YP@"#\S7E8G.,'0T<KOLM36-&<NAK.ZH,L0![U4FU*!`0I+GVK*=W<Y=B
MQ]S3:^>Q'$=66E&-O-ZLZ8X9?:9OVTOG0+(1@MVJ6JUA_P`><?T/\ZLU]?A9
MRG0A*6[2?X'')6DT%%%%=!(4444`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!113'#,,*VWWQ2;LK@.)QR3@56E
MU""+C=N/HM#622<RO))_O-Q^5/2T@3I"GY9KAJ/&3TIJ,?-ZO[EI^):Y%N4'
MU.:0D0QX]\9-1&&[GY97;_>XK:"@#```]J*\^ID]2O\`[Q6;\EHC55E'X8F0
MFFSM][:OU.:E72?[\OY+6EBEK2GD6"AO%OU8G7J/J4DTR!>NYOJ:F2T@3I"O
MXC-34M=]/`X:G\%-+Y&;G)[L0``8`P*6BBNS8@****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`***3-`"T444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1129YH`6BBB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*Q
M_$VK7&C:<ES;+&SM*$(D!(Q@GL?:MBN9\=_\@.+_`*^%_DU`&+_PGFJ#K!:?
M]\M_\55NP\9:A?>;`L5N+K;O@`!Q(1U7KU(Z?2N>TC4HM,N7EFLH[M73;LDQ
M@<@YY!KI]#UZSU/5HK5=&MH&(+"1<$J0,_W10!3MO'EZ;F/[3!`("P$A0$$#
MN1SVK<\2^(SI$$`M?+EGF^8!N0$]>/TKF?%^C?V=J`NHEQ;W))P/X7[C\>OY
MUB`SW<T48+2R';'&">?0"@#M_#OB#5M;OF1X($MXAF1U4YSV`YKJ*S]#TI-'
MTV.V7!?[TC#^)CU_P_"M&@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
MX3XAZOKEEK'AS3=%U/\`L]M4N7ADE\E9,?<P<,.V3Z5E>([GX@^"+0:W+KMM
MKFGPLHN(7M5A8`D#(Q^`SGOTJ3XL7KZ=XA\'WL=K+=O!>2.L$0R\A'E\#WJC
MXFUWQ/X]T9_#VF^#]0L1<R)YT]Z-B(H.>I`[@?ETYH`]+M]9L)K*RN6NHHEO
MT5[=9)%!DW`$`<\GD=*MS3PV\+SSRI%$@R[NP55'J2>E>:^,M/CTG4_AYIT>
M"EK?)$#CKM\L9_2NL^(&/^$`US_KSD_E0!M2WUG!:?;)KJ&.VP#YSR`)@]#N
M/'.13&U;3DO%LWO[9;IAD0-,HD/?[N<UP7C;`^!:''2RL_\`T*.MSPQX'T?3
M;2SU"XLA/JY`GFO)\F4RL,MSVZD8'%`'2VMY:WT`GL[F*YB)P)(7#J3]11:W
MUI>AS:74-P(VV.8I`^UO0XZ&O-_"NH?\(G;^.--;*KI$[W<`/]UU)4#KZ#MW
MJE\+89/"^K3V5[+MCU+28M3+/P`03N'X!NWI0!ZM%=VT\DL4,\<DD)VRHC@E
M#Z$#H?K52;Q#HEO*T4^L6$4B_>1[E%(^H)KD/A5!]KT#5-<G!#ZW?33$]#L!
M(`_/=6'-<?"6T$NE0:.;_P`D;))K>V>8@]#^\ZYXZCCTH`]:5U<`J001D$=Q
M51]9TJ.V^U/J5HL&\Q^:TZA=PZKG.,^U<9\(;PS:#J%BDDLMK87[Q6K3*5<1
MD`@$'IC-8_PW\(V&N6VH7^MVXO88;^>*T@FYCC&[+L%[DDXY]*`/48+ZTNK;
M[3;W4,T&"?-CD#)QUY'%<5H/CV*\\9Z_8W^K:>FG6AC^QN944/D<X;/S50\)
M:?::#\3_`!#X:LT8:;<6B7*VY.40_*&'/KN_+Z"J/A3PKX?N_B/XLL;C1[26
MVM3#Y$31`K'D'.!VS0!ZH+F!H!<+,AA*[Q(&&TKUSGICWJM::UI5_+Y-GJ=G
M<R8SLAG5VQZX!KA/B!`;_7/#7@:V9K/3KPDSK"=N8HQP@]@%/MT]*C\?>!M(
MT?PN^MZ!:KI6H:3MFAFMSM+`$`AO7C_/)H`]'GO+:U1'N;B*%78(ID<*&8]`
M,]SZ57?6M*CN_L;ZG9I<YV^0TZA\^FW.<UP'Q"OKK6/AMH&H6P,5W>7EI+'C
M'RR,I(]NIJUXC^&WARW\$ZALLE-[;VTDXOG),S2*I8L6SSD@\=.:`/0MP]ZH
MG7M'%S]E.K60GW;/*-PF_=Z8SG->>:MXJU"W^!MCJ4$TBWMU#';>>6^8')5F
MSZD*>?>M:'X2^&CX7&F262-=M%\]]G][YG7<&],]O2@#NP0>E+7%?"C5[W5O
M!H2_E::XL;A[4RL<EPN"#GOPP'X5VM`#78*I8G`'))/2O+M,N/%WQ'FO=2TW
MQ%_86E07!@MHX8A([[>I8Y'8@]<<^V3ZDPR,8S7EJ^&O'7@2YNQX3-KJFEW$
MQF%K/P\9/7'([#&0><=*`.K\+Z3XLTG4)H=:UZ+5]/\`)'DNT0259,]\=1C/
M<]JZ&&]M+B>6""ZAEE@.)8TD#-&?]H#I^-<AX.^($VN:M-H6M:5+I.KPH9/)
M;.V1>Y&>1V]<^M4O`/\`R43QS_U]1?\`L]`'>O=VT=S';27$23S9,<3.`SXZ
MX'4XKE+F]N(_B];6INI%M/[$>5HC(1'N$N-Q'3..]1>(_P#DJW@__KE>?^BQ
M61XLT7^W_B]ING2R2+9R:23=K&VTR1"1CL)ZX+!<XH`]`L]8TO4)#'9:C:73
MJ,E89U<@>N`:MLRJ"6(``R<UY9X\\/:1X0N?#_B#1;)+">'4HX9!;_+YJ-DD
M'MT!&?>K?Q=UF&$Z/H5Y>R6-AJ$S/>W$8)(B3&5&,GDGT["@#NK;7M'O)U@M
M=6LIY6^['%<(S'\`:M7%Y;6D8DN;B*!"P4-(X4$GH,GO7BWB"\^%4OAR6'0K
MB.SU*W3?:7$4$RR>8O(!8KSG&,GUK;\:ZC>ZK\&M+U%N;VX>U?*#K)GJ/QH`
M])&J:>U[]A%];&['_+N)5\SIG[N<]*:^L:7%#)-)J-HD4<AB=VG4*CCJI.>#
M[=:R/#W@?0]"%O<Q62OJ$8+/>R9,SNPPY)]\GCIS7%^"?"=EK^N^)+O5X!>6
MEKK%PEO;2?ZM9"WSN5[G`0<T`>GPZC8W%J;J"\@EMQG,R2JR#'7Y@<4VSU33
MM0W?8;^VNMGWO(F5]OUP:\KT_P`*6;?%'5?"T;NF@B)+^73PQ"2/@`+QSM!?
M./8#L*U=0\/V7A;XF^&KK1(([&/4A-;7,,0PK@+G./R_(4`>A75_9V$?FWEW
M#;)G&Z:0(/S-,L]4T_4=_P!AOK:ZV8W^1*K[<],X/%<KXY'@FSN+34O%<:3S
M*C16T#!G+<Y.(QP?J?:N*;4O#5KXW\/7WA2QNM-EEO%MKJ)K9X8I8W^7H>,C
M_P"OVH`]DEN[:&:*&6XBCEF)$4;.`TF.3M'?\*KPZUI5Q=&U@U.SEN`2/)2=
M6?(Z\`YKA_B98SZEXG\(6-O/)`]Q<7$;21G#*A50^#V.W=5+XC>"="T+P6^J
MZ-81Z?>Z:\4D4\)(<_.%Y.>>H.3GI0!ZD#D4R>00V\DI!(12Q`]A46G7/VW3
M+6[P1Y\*28/49`/]:S/%_B.#PMX=N=4N(O."`)'#_P`]';@+]/7V!H`XGP]!
MXS\<:=)XC7Q4^DI/(?L=I!$KQHJMCY_7I_GI7I&F)>QZ9;)J4L<MXL2B>2,8
M5WQR0/0FO*?#UQJ_PNN;9M>11H>L$R.L"DKI\['.WOQC'Y>W/?:YXK&E:KH-
MC;6HO/[9G**ZR8$:``E^AW<'/X4`=#7"^-O$.LGQ#IGA'P[<16E]J"F66[DP
MWDQC/0>I"L?PXZY'=UQ/C;P?JNJ:I8>(?#M\EKJ^GJ402CY)5/;/..I'/7-`
M%-?"7Q`TXB>R\<B]D##,-W;`(RYYYRV/P_.N[NKVTL8UDN[F&W1V"*TL@0%C
MT`)[UYJ?B+XN\,SQ_P#"9^&A%9,^QKRSY5<]#U(/TR#5OXP2QW'A?1IHF#QR
M:I`RL.A!5L&@#T1W2-&=V"HHRS,<`#U-0B_LS9_;1=0FUV[O/\P>7M]=W3%0
M:[_R+^H_]>LO_H!KAK7_`)-^;_L$O_6@#NWUC2XY88I-2M$DG`,2-.H,@/3:
M,\Y[8K&L;*ZC^(.I7KZY'-;2VJ*FF"8EH"-OSE,X&<'G'\58_@/P/I/_``CN
MF:MJ=BMWJD\<=P;B?EXR`"@7^Z%`4#'I46CX'QT\0G_J&Q?RCH`[:[UG2["0
M1WFI6ELY&0LTZH3^!-3V]W;7D*36L\<\3_=DB<,K?0CBO.]?F^&ND^(+I-3L
M%U'5KE_-G18&N&4X].B\=A[54^'%YI\/C[5M.T%+F'2;BT6Z6WN$9#%(&"G:
M&['<?T]*`/5:***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"N9\=_\`(#B_Z^%_DU=-5'5M
M-L]4M5@O21&KAQA]O//?\:`/.M$O;"QNY)-0L_M4;1[53:&P<]>:WX/%.@6L
MHFM]'>*0#`9(T!_G6C_PA>A[-_[[:!G/G<8IB^$?#[QF1979!C+"?@9Z<T`2
M>(;F/4?!DEVJ$+(J.@;JOS"N6\(`'Q-;`C/RO_Z":[K^R[&YT1-.5B]H455*
MODD`Y'/X57T_POIFFWJ7=N)1*@(&Z0D<C'2@#9HIN]=VW<-V,XSSB@LJ]6`S
MZF@!U%(&4C(((]110`M%%%`!1110`4444`%%%%`!1110`4444`>??$0$^-/`
MY`)QJ#9P.G,=>@4%03DBB@#@_BK!/!::-K]O:/<G1M02XE5,DB/^(X^H7Z5D
M>,/B%IGB?PAJ6G>&_M-W.]N6G80LBP1#!8L2.X^4`=S7J9&:CAMH+<,(84B#
M'+!%"Y/J<4`>>^-@3\#$4`EOL5GP!S]Z.O0X?]2G^Z/Y4XJ#QBE`Q0!XS\2K
M&]M_'8M;-"(?$]O#:S,`>"LJ@G@>@7\":TOB\MSH*:3J^FI@K!/IS;1@['3"
M]/3!([9KU0@$Y]*"`>M`')0Z%=0?"L:)9_N[LZ68UY(/F,G/N,DFN6\&_$;P
MWH/A*STEH;I=5MXC&]C':-YDLH)XR!C)/K7JV*B^RV_VC[1Y$?G8QYFP;L?7
MK0!P?PE%]Y7B)M20I>/JKM,N<[6*@D9[XZ?A5WX5`CPQ=@@@_P!I7/7_`'J[
M3:/2@`#H*`//M-!_X7QJYP<?V2G...L=9J:W;>!OB=XAN==BN(+755B>VN$A
M9T8*.1QSGM7J>!G/>@J#UYH`\X\=/+%>>&_'NFV\MY;V)S-&J'=Y$B_?QVP"
M>O<BJ/B_Q_I_C#0I/#GA5;C4+_42L9`MV41)D%BQ(]!CVY->J[1445K;P,[0
MP1Q%SERB!=Q]\=:`.#\;Z<-*\&^&]-C8N+34K*(-ZA01G]*ZSQ5SX1UD#D_8
M)_\`T6U:I4'K1B@#RF'0+GQ#\`[*SM$9KJ&,SQ(!R[+(QVX]2,X]\5?3XQZ,
MNAJ)([D:WY.TV"V[;O.QC&<8QG\<=L\5Z.`!TJ+[);^>+CR(S,!CS"@W8^O6
M@#D/AWI%WX7\"-)J,;+=S-)>SQ-P5)'W?8X4?0FM;P9XH'C#01JRV,EFC2M&
MJ.^[<!CY@<#C.1^%:.LZ<=5T>\TY9C!]KA:(R!=Q4,,$@?0TND:7;Z+I5KIM
MHNV"UB6-/4@=S[GJ?K0!<-<%#\8/#B-)#JZ7FE743%7AFMV;GV*C^>.M=Z1F
MHI[.VN@!<6\4P'02(&Q^=`'FF@WDGC;XIP^)=/L98=)TZT:%;F6(K]H8Y''_
M`'T?P'O2-KEI\/\`XEZ[-K,4MMIVLI'-!<K&T@+J/F''NS<=N/6O4%144*H`
M`&`!T%,FMX;A"D\22H>=KJ&'Y&@#S&/7_P#A)OBMX:U&T@G72Q%<QVTLJ%/.
M8(=[`'D#E1D]<&MZX!_X77:'!Q_83C/_`&VKLPBKC``QT]J7`SF@#S[XR`MX
M?TD`$_\`$VAZ#_9>I?B3IU_%=:/XITVS-])HLS--;#DO$V,D#U&/USVKO"H/
M44;?K0!P`^+W@DP!A-,9BN?LXLV+Y_N],9_'%/\`B+/]M\"Z?<I"\0FO+201
M,N&0$@X([$5VRV5HLYN%MH1,>L@C`;\^M3;10`5Q7PT!"^)\@C/B"Z(R/]VN
MVI``.E`'GVE@_P#"]]9;!P=*CYQQUCJ[XQ!/COP40"0+FXR?^V8KM-HSG%)M
M'I0!YCXCO[7PK\6HM>UY'.FW&G^3;3B(R"&0$9X['KT_O?6J7B7Q4GBOQ!X7
METF*X?2+;5H-]U)&R++*QX"@]=H5LGWKUF6"&>,QS1)(C=5=00?P-*D4<:+&
MB*J*,*JC``]A0!QOB\$^/_!1`.!/=9]OW8I_Q9!;X::J%!)Q%P/^NJ5V)4$Y
MQ1@8Q0!0\/\`_(N:9_UZ1?\`H`K!^)?AZ\\1>$98-/7?>6TJ7,"?WV7/'UP3
MCWQ76@8&**`/,Y/BEX1U;P_)I_B2&YM[F6,QW-E);,S;L?PG&.O3."/:N:\"
MS/H/BW3I_$\5]%9RV[Q:)->'_4J7QAL?=)!QSTR.V"/;&L[9YUG>WB:9?NR,
M@+#\>M2%01@\Y]:`%SGI7+^)O'=CX3U.WMM4M+H6UQ'N%Y%'O1&S@J1].>,_
M2NH`Q2,BLI5@&!Z@]Z`/)_&GC[2_&&@2^'?#$%QJM[?%5PMNP$0#`ECD>WX5
ML>/M`O%^&%E;6\'VJZT<6\NU,_-Y:[6('<8SQ7>06=M:@BWMXH0W41H%S]<5
M+CI[4`>;ZG\3M*\0^';K3]!%U/JMU:NHA$++Y&5.YF8\`*,],TZU!_X9_9<'
M/]E/QCZUZ%';01,[1PHC2'+E5`+'W]:?M&,4`9OA?_D4](SQ_H,'_H`KD=&_
MY+IXA_[!T7\HZ[N]FFM[&>:VMC<S1QLT<"L%,C`<+D\#/3-<AX+T;69/$>K^
M*M>LH["YU`)##:JX=HXTXY8<<X'Y=J`.7\)^)]'\!ZAKNF^)7DMM1DU%Y1/]
MG9_/C;H0P!)[GG^]]:T/">I7>L?%V_U.XM9K:"XTG-I',"&\D2*`2.V2&;'O
M7I$MK;SLC301R-&<H70$J?;/2I=HSGO0`M%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!6
M1XAL)]0M[=($#F.<.RE@,@`CN".X[5KUE:_I+ZO9+%#+Y4J.&5\D<="./4&@
M#$M-(U^SM8[.+"Q%1G;,,)\S$C&.201^54CHNJ)<-')+%Y<1CGDC6<`)C&68
M8Y^Z<?2KL?A+48Y(V^VQL1G<Y=\CD].W(V@_2G?\(A/%+&\$L*J(521"6(9]
MA5F^N2"/QH`;%I6NFR22&\8?N\($F^0*8^H`'7=2+#KFH>&D%JTZ2O<DKYLI
M5Q%VYXXI)O"E_'`SQ7*[\$R(K-B90%PF/P/YU8;P]>7WA_386D-K<P`^8&8Y
MVG/''X4`+?:7K3WMG<V[$3+;QQR2"7`#`Y8L/XAC^=9T6FZL-TM_>;S:RN)<
MW6/*5D/S9[9ST]/K5@>#]152JWT>6C(9R[YR5.1CIMR<^M/N_"$[F5;5K=86
M8E8W9\+E5&?<Y!Z^M`%>'1_%,7EK#.T,:0!%43@@8[?U]NE=C:VXM;:.$222
M;!C?*VYC]34BC"`'L*=0`4444`%%%%`!1110`4444`%%%%`!1110`454?4((
MYITE;RQ`%W,W0[LXQ^5-EU6SBMEG,Z%)`2G/WL?R].:`+M%5OM]MYZV[2JLS
M+N"$\^OY^U-34[*1)76Y1EA&7(/0=C[_`(4`6Z*J?VG:>7$_GKB8X3`.2?IV
M_&EEOX+<`SR+&"Y4'.1QZ^GXT`6J*JW=[]F,2+'YDDS%47.`<#)R>W%"W\8D
M\N;]S((P[*Y'`Y[CCM0!:HJI_:ED;4W(N%,0.TD9R#Z8ZY]J<M[$TFPLJY8*
MF3C>2H;@?0T`6:*J27Q2\^S)"7<(')W`#!)'?Z5+]J@W$>=&""01N'&.3^5`
M$U%4&UBS5$E,P$3[@'((Y&.V,]ZF-_;">.'SEWR#*#LWI@]*`+-%5/[3LP\B
M?:8\Q*6?GH!U_*@ZG9BV^T_:%,6<9&3SZ8ZY]J`+=%5KF]2WLS=8\Q/EQM/7
M)`'\Z2UOEN3(NPH\<AC920<G`/!'L:`+5%5WN@I7`#!BH!#>I(_I42ZG;R3-
M%#(DA0$L=V`,$#^O7VH`NT55&HVIN&MQ<1^:H)*YZ8Z_E3K6]M[Q6:WF60+U
MQVH`L4444`%%%(>G%`"T532^=[N2W-NRF(*SL7&`#G!_0TZ'4+>Y*>1()`S[
M"1Q@X)_I0!:HIGFIYWE;U\S;NVYYQZTUYXXYXX6/SR@E1CKC&?YT`2T52_M$
M&]:V2/>4X8[P#G&>!U-%K?O/<-;S6K02!!(`6#94G'..A]J`+M%41?RB\2"2
MT>-)&98W+`[B`3T[`@<5+97GVV)W\IXFCD,;(Y!((^A(H`LT51AU-;AKA8HB
MYMV92H==S$'&,9XS[U&-6=5D66T9)XV1?+W@@[_N_-_/^M`&E168^L!8@Z6[
M.RJSR(&&453@GWY!QZU/=:C%:K`QPPG;"'<%'0GJ?84`7**S[G51;3%/(9TC
M56F=2,1AC@?7U^G--_MF-9F#PND`+JLQ(VL4^\/T./7!H`TJ*I66H&[=HY+=
MX)`JN%<@DJV<'CZ<^E7:`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`,]K!FOY9RR%7>)@I'(V@_XU#/IL[/(T30_O8I(F#@X`
M9BP(_,YJ6Y0_VO;1B:8)(DC,HD(!(VX_F:K+JMV8?/\`+B998GEBC`.Y=I&0
MWKQ].>*`)/[-G$KJ)(_)>83YYW@A0,?3('/ID4MUI32VR1Q.J%$C"[25R4.<
M9'('TJNWB`A9F$*G8K2(`W+)D!&Q[DG\JE@O=0G*0B(1NSD>;+"4!4#.0F<Y
MSQU]Z`$?2IA%BWVQ3Y8B;SW9E)QW/WAP,@\<"GWNG74\4B13(%D60%69@,MT
M;CKCGCIS3M7B+*/)FG%RPVP)'(5`;^\1W`[YXQ6DIR",@D=:`*-U!FRB@E2V
MEC4!7$_`)Q@8]\U333IYK`01W$,D31;&8YRI#%E`]1R!SS@5,L#75Y=(LC&*
M$HH$A+KY@.X]?P'YU#>6\MC):+;!G,K['2-O++X5VZ_C^E`$YL+HW*W>Z'SQ
M*'*9.S;MVD9QG/?./:G?8)/[434-Z>9C;(AR1MP,[?0Y'XCK3)+B>*X6WA(6
M29U4-*2X3";CWY/%1?VO<O$946!1!")90V2),LPPI_X"<'G.10!+>Z=+/J*7
M:06DH6,*!<`Y4AB<C`/K3)]'EGN+J<RH#=1F)@%^ZH^Z1[YZ^OX5>M9+B6XF
M+^6L*,450"6)XY)[=QBK=`%(0332127*Q!T5A\F2.0/4?6JDFF7;2PCSD,43
MQ,`2WRA,9``XY(ZGUK8HH`R;O32UF%4JK1EG&$)RQ<,.!R>1S5==/N;PBX;,
M4BW#,5#/$&!0*2"/FZCOUK>HH`S+C36DT3[!&(U.%X9F9>&!()/)%,MM.N;5
M%:);6-A-O\E`1&HVD''?)Z]*UJ*`,^*RE2.,.ZEE";B!U())Q^=00:9/'$D4
MC0XBA\E&4'+#<""?P'3UK7HH`S;C3A);21Y"AS*6*KS\X(_/G]*32A<-//+<
M1A24C3*H5!QGIGD]16G10`4444`%%%(:`*%QI[3R7V9`JW4"Q`CJN-W/_CU1
MV.FO;RI+)C>,!CYSR9`5A_%TY-0VUU,AO9Y]ZQQ2R*DK2;EX;`&RF/K4]K;2
M/-$CO#,(F&-A;*@@XR<8SSST!-`&N5?[5NQ'Y>S&<?-G/KZ56N-.6;4(+C)"
MH'W#>V3G&,<^U6(FE,I#^45"*<H><\YX].F/QJK)?2C5DMO)D\LPLQ^4=0R@
M'.>G)H`@;1R+YIXQ$%>X%P7.=X(7!4>QQ^1/%3Z=;7<,TTMX+=I)<9>(MDXZ
M#!Z`"J4%U--?2><)$62XDMT=9CE,`X^3&,8&<]<U;TQ&$MPT<DK6IP(C*Y<L
M1G<P)['(_*@!8[:\_M5KF?[.\8!6(AFW(OIC&,D]33],M[NW^T?:O)_>RF0>
M42<$]0<BJ]I;LUY,D5Q<M;B/8\C2D[I,]5/;`X../RJSHTDDNDV[RNTCE3EF
M.2>3UH`A-G<M>"Z"6T;HKA=F?WA/3=QVQ[U$FF73VCQSBV:1YEEDP6*S>H;(
M^F`/04EN94BDLM1F>.1(Q*\Z3D[ESCJ0-O3H*@8W:V\$2K._FRR-'`9BC^6!
MQE_8X."<\^U`$KZ-,UDL*^2'^<!@S`1JQ^Z`/O*!V/&:O36K"VBMX8;>6.-=
MN)\X&!@8X-9$MW="VANLS2?)"870[48Y`<-[GMQZ8J]K]U+#8ND+O"WELYE5
M2=NWMGL2<?AF@!/[(D6#[.DR%)88XIF8'<=O&1]1Q3I-):7]Q(Z?9E>1U`!W
M$N",'Z;F^O%2$M_:]JR32&.:!R4)^7C;@X['DUEM<74-JMRD\IFN89C(I;(C
M(/!`Z#;T_G0!L6=I-'<-<7+HTAB6(!,XP,G/U)-7JSM.#0WEW;"626./8RF1
MMQ!8<C/X`_\``JT:`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`***3.*`*C7-N;[9L)FB*INQTW\\'_@-)-'96$,UTT*JI!\PJO+9/
M/ZFJT,;7&IW4Z*1&)8QE@1DJ#NQGZT[4VE?2#"\?[^8J@1,L-V?7'3W-`$ZQ
MZ<LC6JK;AUA"&(8SY?ICTYIL+Z=!$\T+P+'$3O8.,*>`<GMT%4FTFX-S.7=W
M1Y)'0^<`HW*1RN,]\=?\*GGTYUDCEMHH_P!VT;>7G`<*&!'X!N/I0!8>TL-3
MVW$MO',5RBLP!X!['TXIL,\*WDR002L7DVS2J!M#A1P><],=L4MC#-;1)"8H
MU3YV;8WW26R`!Z8)J&:RFDU!)XX5A99`6F64_.G<%>Y/3GZT`7D$,"N5"(K$
MR,1@`^I/^-1)<6UVR2($E5&.R0$$`[>H/T.*H26-]-;>4R0J8HPJ`.2'(<-S
MQP"%Q^-2K8RLLQ,4<9E=VV*>F4"_GD4`32R:;<)^]DMW5I`H)8<N../>FR'2
M3&D[M:[(3Y:N6&$.?N_F!Q4=YI0FMI(X8XP?LODQYXV\_P`N!39K&[%W-)`%
M\J5U)0-M)`3'7''./J*`+_VBVAD6,RQ(\IRJ[@"Y]O6F7>HVUD5%PQ3<C,#C
M/3''UY&!WJG::6T5FB3)&9@D*E@<_<.>OYT_4]-DOKNVFB<1M;!V1R,[7.W'
M'<<'/UH`N1WL$CK$7"3,F_R7(#@>XJ59$<C:RG(R,'J/6LF2SU&XNX))0@"3
M)(<2<*H7!`&.3G/)[4^UL+FUFGE41OM`CMU+$8CW;CGTZ_\`CHH`O7%XEO+%
M$4=WF)"A0.PR>IJ.;45@G$;VTX0LJ&7:-H+8`'7)Y.*9J=L;J,1_8X;G@X,K
M8V'&`1P:KFUOO/M8Y8DGM[=4^<RD%G`P6(QSCL,]>:`+]Q>);211LCN\Q*H%
MQS@9/7V%,FOU@N(XY()0DK!!+@;=QZ#KG],56NK`O"8S`+\,S,/M,@_=G'&.
M.E,%C<M)9AH4=[;8OVEI3D@#YCMQU/(YH`UZ***`"BBB@`HHHH`*0]*6D-`%
M3=8MY]KNA/5IHLCOU)%+%96<;GRX(@PR3@<\C!/X@5G0Z4\4[F[:22$-*=WF
MC;M;/\.,]#Z]JETN&X^QB5P&DN&P[L2&$8!"GZX`./<T`68YM/A$LD<MNHA5
M8Y&##Y`.@/IC-2R36BR1SO)$K.-B.6'.2.`>^>*H)97:6EG'Y,1:S=>-_$H`
M*D].#SGGO37TB1[&2/9%YK02(H'W4+MG`]NE`%J3^S6+W12*4[O)9D&XY)"E
M>._2DB&GZ:H6&**!Y0/W2$!F&<=/;-1&RE&K;]@$#LLA*G@%5(Y_$C\JC_LV
MX5BOEQ2*_DG<S<QE,9Q^7'N30!>BTFP@#B*TB02*5<*N-P/4&I+>RM[6(Q6\
M*11L<E5&`:L44`5!I=B(&@^RQ>6^`R[>#CI^5']F67D"#[+%Y88L%V\`D8)J
MW10!7-A:F2.0P1[HP`AV_=QTQ],U+)&DL31R*&1AAE/0BGT4`5GT^TEN5N7M
MXVF3&V0CYACWIRV<".[K$@:3[YQ]ZIZ*`(H+>*V39#&J+G.`*EHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`RI;V:.\O(U
MD3*>4L*R`D98'(X&3TJ+^V'(M9%B)DN`T:QEL+O#8.21P.#[]JN_V;&\\TLQ
M,C2NK+@E=FT8&,'W//O2C3+-;86PMU\H`@*23CG/\^<T`5?[5=;J2,HDD>R1
MHGCSR4Z@DC'XBGI=7B,SW(@B18?,8;SA>3C)QS[U.NEVBRF40_-AE!W'@,<L
M`.V:=/I]M=.&FB#E4*?>(^4]0<=:`(].O)+H31S1A)86`8J"`01D$!AFH+;S
MI;6[CFOI%$-PR^=\H8(`#C.,=SSBKMO90VID,*8,IRY+$ECC&23[5`-%L1%+
M$(6V3$&0&5OF(YSUH`I^9>KI:3_:)E(N%";E&YXRX4!LCT/UZ4:C=W%M>%LS
M*J/&(D1<I*I(#9..O/KZ8J])I-G+;BWDC=HU;<`97SGZYS3VL+=Y(W="QCP5
M#.Q`(Z'&<$^]`&?:7%R;JVEDF=ENWE5HF`Q'MSMQQV`P?7-7=1FD@6V\MMN^
MX1&XZ@]13FTZV8RD1[6E5E8@GC=UQZ9]JE>VB>.)&7<(B&3)Z$=#0!G+J=RL
M>^6U1#*J&$!\\LP4!N/4@\4B7U[O,'DQFZ+OPSG9M4+G!Z\[N,^M:$EE;RQ>
M5)$"FP)C)Z#D?RJ,Z9:,@1HL@,6SO.<D8/.<\B@"NNHSR^7)!;KY16-G+O@_
M.<8'';WZU7&N2R/+Y-JTJ_-Y85'SE3@DG&,<'ID]JUOLT04J(U`(48''3I^5
M1?V=;@N55UWDL0LK`9)R3@'B@"M'J.ZV68R1%O+8D@ML#`@8QC.<D<=:L:==
MO=PR>:@22*0QN!D`G`.1GGH1UI?[-M?*:+R1M<DMECDDD$G/7.0.?:I+:TAM
M`XA3:'<NW))9CU)S]*`)J*6B@`HHHH`****`"BBB@`HHHH`2C%+10`F**6B@
M!,"C%+10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`'
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>x15040216512303.jpg
<DESCRIPTION>PT TELKOM INDONESIA TBK (PERSERO)
<TEXT>
begin 644 x15040216512303.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"`!@`%,#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BBB@`HH
MHH`***@EO((?O."?1>36=6M3I1YJDDEYC2;T1/2$A1DD`>IK,EU5SQ$@7W/)
MJE)-)*<R.6^M>!B>(L-3TI)R?W+^OD=$<-)[Z&M+J,$?"DN?]FJ4NI3R<)B,
M>W6J=%?.8G.\97T4N5>7^>YTQH0CYCBS$Y+$GU)HI,'T/Y45Y/OO74VT.CHJ
M-W?HD98^YP*@>&[E^],L8]$']:_4ZE=QTA!R?E_F[(\E1ONR>6>*$9D<+[52
MEU51Q$F?=J>NEQ9R[NY^M3)96R=(@?KS7G55FE?2'+37WO\`*QJO91WU,J2Z
MGG.&<X]%I$M9W^[$WXC%;BHJ_=4#Z"G5P_ZO.K+FQ%9R?]=[E_6+:11CKIEP
MW7:OU-3)I/\`?E_(5I45VT\AP,-XM^K_`,K$/$5&4TTRW7J&;ZFITMH$^[$H
M_"I:*]&G@L-2^"FE\C-SD]V)BBEHKJ((3>6H)!N8@1U&\4GVVU_Y^8?^_@KR
M:]`_M"YX_P"6S_S-6+;0]2NX%GM[&22)ONLN,&@#U,W$`C$AFC"$X#;A@_C2
M+=VS,%6XB)/``<<UQNB:1J$EC<Z1J-E)';S#?%(P&(W%<M+%-97;1N#'-"^#
M[$4`>PU";NV4D&XB!'!!<<5A2>)T_P"$4&H@@7##R@OI)_GFN"MK:6_O8[>,
M;Y9GQD^IZDT`>NQR)*NZ-U=?53D4^JNG6,6FV$5I",+&N,^I[FK5`!1110`4
M444`>/WO_'_<_P#79_YFMK2_%]UI>GQV<=I#(L><,S$$Y.?ZUBWO_'_<_P#7
M9_YFNHT*W\,OI$+:B;;[2<[]\A!ZG'?TQ0!J>'/$]QK=]);S6T42I'O!0DGJ
M!_6J'CG1_NZK"OHDP'Z-_3\JU+&;PMILK2V=Q:PNR[21)U'XFM._,5SHUPPV
MR1/`Q!Z@C'%`'DV]MFS<=N<[<\9]:[;P/H_EPMJDR_-)\L.>R]S^-<1VKV"T
M14LX410JK&H`';B@":BBB@`HHHH`****`/.[GP?K4MW-(L$>UY&8?O1T)J+_
M`(0S6_\`GWB_[^BNSM_$-M/.L9AFC5Y&C61@-I89SWR.E7)=0MXPA5UDWE>%
M8=#G!Z].*`.`_P"$+UO_`)]XO^_HKN8;29-`6S91YPMO+QGC=MQUI/[;LO+M
MFW_/<[=D61NP>A(]*FAU.TF\I?/C26505B,@W<C/8T`<#_PAFN8_U$?_`']%
M>C0J4@C5NJJ`?RJ.&\M;EV2"XBE9/O!'!(^M(E[;2QR213I*(@=^Q@<4`6**
MIP:M83V8NENHA%@;BS@;2>Q]#4,^OZ=;M.KW"DP*K-@@Y#=,>O\`]>@#2HJO
M]OL]VW[5#N";\;Q]WU^E207$-S'YD$J2H3C<C9%`$E%%%`'.V_AF2.<%Y8`H
ME>3?'&1(P;/RDYZ<T^+0+K=&9KF)O*$2KM0CY4W=>>IS5:/1-5^VC=/BV678
MHW_\L@=P/UR`*2+0[]]J31E8]\?GCSR?.(8EG]N.U`#XM'\KYEO(6BMFC,Y\
MLE@R+C`]L'-6(/#Q6!1YZ$Y@(8)@X3K^=5WT6_BN+QH0#%,LB1)OQY>5&&'U
MQBG-HM]O>:(F.=Y)!YGF]$,>!_X]0!-H^FW5K>3I(`L<<"P1RJFTM@DYZ\]>
MM2Z;HL]F;DS7"R-/"(\C/49^8Y/?-5M#MC/;:C!Y301OB,#S"P#!<,0?K5:/
M1-9:.0S3;F:/=M$F,N2`RY[#:O7WH`G/AJ?R0\ES")(A&$V(54A`1\V#G//6
MAM*B-I^YN;=8+N".*,E"?G!RN.>AI;71;AIT:XA*PHLABA,Q/E$D;1UYZ'\Z
MBM]%OX[FS,MN'\HPGS/-XC51AEQWYYH`L2>'))9YY'FB/G*QX##8Y3;P,XQ6
5Y!$L$"1*``J@<#`J2B@`HHHH`__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
